Posted on 10/31/2007 5:50:09 AM PDT by Brilliant
There goes my marketing plan to sell pencils on street corners.
Bush’s fault
Brother, can you spare a dime
You never know til they announce it.
What I’m thinking about reading this is the kook sites that insisted a year ago, two years ago, three years ago, five years ago, the economy was DOOMED.
As I’ve noted on those occasions, only fools and Democrats bet against this economy.
I may just TIVO the MSM evening news programs to watch their spin on this number.
Teeth are gnashing, heads are spinning, meetings are being called, and strong, strong coffee is being brewed.
“Ahem, I say ahem again, ahem; I say old chap, how in hell are we going to spin this”?
“Still, skyrocketing oil prices, which have reached record highs in recent days, may pose a risk to the economy.”
I’m not sure that I would say that they are “skyrocketing” at this point. They recently went up from $70 to $90. That’s a 28% increase. Of course, that is a lot, but not as much as from $20 to $70, which is an increase that the economy has already weathered.
They are going to start talking about inflation. Just watch.
And their plan is to surrender to our enemies in the Middle East, raise our taxes, and impose regulations on our businesses. Yeah, that will turn things around!!
the economic surge is working. let’s end it!
I guess not enough people were watching CNBC’s doom-and-gloom squad of “experts” trying to talk the economy into recession. They’ll keep trying, though.
That's standard political prop practiced by both parties. Of course the Dems will call any term by any Republican a disaster. It has been a disaster... for them. Even with control of congress they can barely get any of their screwball programs passed.
The real problem naturally is that they always have a reliable megaphone screaming at the American public in the form of Big Media. Which is why when interviewed many average citizens will say that we're in a recession. Because the media dutifully told them they were. If one hundred Americans were surveyed about their financial situation and ninetynine were in great shape financially, Big Media would find that one person who was not doing well and attempt to depict that one unfortunate as representative of all Americans.
Economy has just grown 3.9% but there's fear of a recession? Do the authors not know the definition of the word?
Oh, the authors know the definition. They're hoping that we do not.
It reduces the chances from 99% to 90%. But they will still cut. They are being proactive in trying to prevent bigger problems down the road. Financials and housing can take the market down if it gets to the crisis level.
What the hell?
“You never know til they announce it.”
And after they announce it, you STILL never know. When is the upward revision due? What is the standard delay they put on those things while Bush has been in office...?
Dem’s will still say it’s a bad economy... and the DBM will not challenge them.
The Dems will either continue to declare the economy is bad or if that doesn't work we'll hear non stop about how the "economic divide" between rich and poor is growing.
What an awful country we live in. Prosperity is high, unemployment is low, we have had no attacks within our borders for 6 years, and everyone is free to dissent without fear of retribution. So I guess this is why I see a dozen Impeach Bush stickers every day.
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