The US economy is very strong despite y2k, 911, Katrina, illegals, oil prices, the war, black outs, and the real estate crash. A part of this is Bush's tax cuts.
And yet the media has managed to convince most people that we are suffering through a second great depression. That is a triumph of mass propaganda.
I have no doubt there will be a correction in the stock market and a recession at some point in the next five years. That is just the nature of the economy. It is absolutely critical to the Democrats that this happen before Bush leaves office.
If good times last out the Bush presidency and a Democrat is elected in 2008 I don't envy them. Hillary! doesn't want to orchestrate a disastrous flight from Iraq and preside over a plummeting economy at the same time.
"You can't fool all the people all the time." Even the dullest voters will figure out by 2012 that you can't blame the Republicans for everything when 'rats control both the white house and congress....
“Even the dullest voters will figure out by 2012 that you can’t blame the Republicans for everything when ‘rats control both the white house and congress”
Really? Look at any liberal city, say Baltimore for example, Detriot or New Orleans. Run by dems for literally decades, no improvements, nothing good happening and yet voters continue pulling the same lever and buy the blame whitey/GOP talk. I have no faith in the electorate.
The economy is sound...the market is strong...that doesn’t mean we won’t see a correction, though, nor that any such correction would be small (2% or less) or brief (2 months or less). Timers who get lucky may prosper, those who aren’t may weep.
“Bulls make money, bears make money, pigs get slaughtered.”
-Cramer