Posted on 09/28/2005 4:09:54 PM PDT by hubbubhubbub
My name is AdamSelene235......and I'm a Gloom and Doomer.
"For over four decades, observant and open-minded individuals have become deeply concerned about the future of our great nation. They refused to accept the rosy official and media testimony regarding our nation's fiscal and monetary integrity. "
Those 4 decades just past, where our economy grew by a factor of three and family income nearly doubled?
Amazing, no matter how good we have it, the doom-n-gloomers assume the horizon ahead is the end of the earth.
"However, just as all Americans benefited from the higher standard of living generated by the decades-long artificially induced boom, we may all have to suffer the consequences when the business cycle turns down, and the contrived boom turns to bust."
Ah, the economic Puritan myth, that 'good times' require some countervailing 'bad times' to compensate.
Hogwash... Good economic policy creates prosperity, and prosperity is not something you can 'fake' for very long.
If you want a Google GMail account, FReepmail me.
They're going fast!
Amazingly the author made it through the entire piece without using the term "fiat money" once.
Aw, geez.
If you want a Google GMail account, FReepmail me.
They're going fast!
Those 4 decades just past, where our economy grew by a factor of three and family income nearly doubled?
In constant dollars our family income purchasing power is less now than 50 years ago. That's why husband and wife must both work. Please get some economics education.
LOL. And there's never been a recession. How much does what you're smoking cost?
This guy is an optometrist? WTF?
Thanks Mike,
I've wondered how you've been. How are Wyoh and Manny?
I unable to respond as my memory was damaged by Earth's counter-attack.
He retired from his optometry practice in 1980 (25 years ago). He's published Financial Insights since 1995. I have also worked more than one job during my working career and find that to be quite normal. Why do you have a problem with that?
KitCo as a source regarding precious metals.
Fine, just remember KitCo sells em.
A box of Quaker 100% Natural Granola is almost $7 now...it was $4 five years ago. I think we still grow plenty of oats. ;)
Just a thing about titles, I suppose . . . especially when they have no bearing on the subject matter. What's interesting is that, as a doctor of medicine (if that's what he truly is), he should understand that simple fact.
And your point is?
Agree. If you're not writing about medicine drop the title.
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