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.
“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...?
About 25 years ago, the constant refrain from the “other side” in the business community was how the US economy was going to collapse, and very soon, due to the trade deficit, outsourcing, etc... I actually believed that for a time. It cost me, at least a bit.
No longer. I won’t believe the doomers ever again.
The US economy is the strongest in the world, over time. People and businesses put their money and their labor where the return is highest, and accomplish whatever it takes to succeed in the business, because they get the rewards of their labors here. If we lowered our level of socialism and taxation and lawsuits, our growth would more than double. We would outgrow even Red China. We have been fighting this economic war with one arm and one leg tied behind our back, and half our people disinterested due to those factors.
And, by the way, China’s economy may be growing strongly right now, but over the last 3 years, we’ve ADDED more to our economy than China’s total annual output.
There's no need to be redundant!