[the invisib1e hand]

Far too many investors, hedge fund managers, and economists link the housing slowdown to an imminent consumer collapse. These bears are also quick to add rising gas prices and higher interest rates into their pessimistic outlooks. But they skip two very significant data points: jobs and incomes are still climbing.

Oh, Lawrence. Housing slowdown, high crude prices -- these are not trivial things.

It amazing that the stock market has flirted with the highs it last saw when crude was $25 a barrel. But it's starting to show the wear and tear of high crude prices.

Fortunately, the crude chart looks horrible.

[EagleUSA]

People trivialize things they don't want to face or acknowledge. In spite of our massive, confiscatory taxation levels and costs of regulations that businesses face, we are still doing fairly well...but it isn't going to hold. Because..the government will not stop its runaway spending and associated taxation, a main force influencing the economy. Sadly, it always seems to take a major downside to get the power-focused pols to slow down buy their power with our tax dollars...

[Former MSM Viewer]

The Greatest Story Never Told"

[conservatism_IS_compassion]

Reagan didn't create jobs or increased production and services - and he never claimed he did. What he did do was to reduce the bad effects of the government and its policies on the economy so that the "private sector" (more properly designated "we the people") increased the GDP and created jobs.

That is what really frosts "liberals" about Reaganomics - it extols government disipline - and government inaction. "Liberals" want to be seen to have done something, not heroically standing pat the way Reagan advocated.

[Donald Rumsfeld Fan]

[Reagan Man]

>>>>Exactly twenty-five years ago, Ronald Reagan signed into law the first supply-side tax cuts since the JFK plan of the early 1960s. By reducing high marginal tax rates, Reagan transformed the American economy and opened the door to two-and-half decades of prosperity. Economic behavior responds significantly to the incentive power of low tax rates that raise the after-tax return on work, investment, and risk-taking.

Many young Americans are unaware how bad economic conditions were in the USA under Jimmah Carter, circa 1980. After a few rough years we turned the corner in 1983 and haven't looked back. Thank God for President Reagan and his bold reform policies on federal income tax code.