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Originally Posted by irishgrl
There's nothing to think about~ I couldnt buy a house before that time, then I could. So, in the end, as far as I am concerned, the proof of how well an economy is doing is in how much actually makes it to the lowest levels. You can shout "phantom wealth" all you want, but what Enron and MCI were doing, I submit is nothing more than business as usual. they just got caught. so if there is "phantom wealth" being created, then it was always that way IMO. In any event, your so-called indicators only reflect the situation for the fat cats at the top, not the man on the street, and therefore, do NOT reflect the TRUE state of the economy IMO.
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Again, that economy was the source of your money and that economy was built on fraud and phantom wealth. That you profited from it cannot erase that. But, you will never admit that, though it is very true. As for business as usual - I agree, which is another insult to Clinton and in many ways suggests if not dictates that Clinton had nothing to do with it as it was "business as usual"
In any event, I am done with this argument.