Quote:
Originally posted by dissention
Improving economy? Tell that to tens of millions of working class individuals who aren't seeing any improvement in their lives. And wasn't it Greenspan who said just yesterday that although the economy is improving, the deficit is f*cked up that it threatens to flush the economy down the ****hole?
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Now Now - be fair
The economy cannot recover overnight and all signs indicate it is recovering. Given the events of 9-11 and the corporate scandals that immediately took away trillions of dollars in wealth and hundreds of thousands of jobs, I say haveing the DOW at 10,700 up from around 8,000 two years ago is a good sign, even if the DOW is not the be all and end all of economic indicators. The jobs will follow if history shows us anything. My greatest fear is there will be another terrorist attack which will send us to economic hell again.
As for the deficit, I am unsure what to think. I think some deficit is good. But, this one is the largest. But, then again, we are at war. Then, every economist has a different opinion. It makes my head spin