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To: Arthur Wildfire! March
Maybe I'm no visionary. Maybe I think small instead of thinking big. Maybe I'm no great risk-taker, and it's only the big risk-takers who make the really big money.

But the ONLY "economy" to whose "indicators" I ever pay attention, is my own personal financial status. (If I owned a company, I would include my company in that. If I worked for a company, I would at least try to find out its true status.)

"The economy" this, "the economy" that. The heck with it--one man's loss is another man's gain. One business may boom b/c of a trend for another type of business to fail. I say, forget the really big picture (not predictable), and watch your own wealth--if you're so concerned about not having money.

And imagine ANYONE thinking that ANYTHING that appeared good about the Clinton admin., was actually worth a crap. Puh--leeze! I was taught about a phrase in school--the phrase was "Coolidge prosperity." Seems to me that that's what they called the apparent wealth and growth of the Roaring 20's--they called it that after the bubble had burst.

Some of the '90's was a holdover from the prosperity of the 80's. Some of it no doubt had to do with new growing industries. Some of it probably had to do with the trend towards even less prosperous people buying stocks--money was being pumped into the whole game.

NOTICE that the prosperity of the EIGHTIES was called by democrats "the decade of greed." Remember that one? That's all they could come up with to attack the prosperity we enjoyed under Reagan. I remember well how their house media suddenly swamped us all with constant remarks about how "greedy" everyone had gotten during the '80's.

Then, when the prosperity (both real and fake) continued on into the '90's, suddenly they SHUT UP about "the decade of greed." Suddenly profit wasn't a bad word--because it was happening during the administration of their own "man", the Fat-Hipped Rapist. Amazing how we never heard another word about "the decade of greed."
8 posted on 11/10/2002 6:50:45 AM PST by Devil_Anse
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To: Devil_Anse
one man's loss is another man's gain.

This may be correct in a figurative sense. Economic downturns are good for pawnbrokers for example. But it is literally false and an economic fallacy, and in its reverse form - 'one man's gain is another man's loss' - is often used by the Left to support one nonsensical redistributionist scheme or another.

11 posted on 11/10/2002 7:01:53 AM PST by redbaiter
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To: Devil_Anse
Properity in the 90's was largely driven by technology, and the tremendous productivity it delivered. The biggest player in technology was, of course, Microsoft. Users of early computer technology had been clammering for applications that would run under a single Operating System, which was delivered as Microsoft "Windows", so they could fully utilize their all data more transparently, usefully, easily and dynamically. Business could make better decisions faster. bubba sued the engine of the economy that was giving the United States buiness tremendous advantages, and then cooked the books when his legal maneuvering began to slow the economy. Therein lies bubba's one and only economic policy that people have tried to identify.
20 posted on 11/10/2002 8:22:25 AM PST by stickywillie
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To: Devil_Anse
one man's loss is another man's gain

Only in Socialist countries and economies. In free countries it's win/win or no game.

48 posted on 11/11/2002 1:09:11 PM PST by El Gato
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