[JohnHuang2]

Wednesday, October 29, 2003

Quote of the Day by pickyourpoison

[driftless]

Correct me if I'm wrong, but it seems that the Nasdaq market was almost destroyed in 2000. Let me see, who was Prez at the time? And I view that 3 million job loss quote as a big lie.

[PogySailor]

Bump

[DooDahhhh]

Never mind that a lot of this dot.com biz was simply a house of cards. Trading overinflated stock at worthless prices, etc. Execs skimming huge profits off the top and leaving employees without and on and on. Yeah, Clinton, you led a lie of an economy alright.

[machman]

"Two years ago, President Bush was handed the strongest economy in a generation, built by the courageous votes of Democrats and the hard work of the American people," declares the website of Democratic presidential candidate and former House minority leader Richard Gephardt of Missouri. "But that growth and prosperity ended when President Bush took office."

Two years ago, President Bush was handed an economy that was in the first stages of a recession. Like a junkie that partied too long, the painful downturn was masked with more drugs ("clintonomics"), but it came nonetheless. Bush is like the drug recovery counselor helping the addict come down off his high. Its painful for awhile, but something that must be done and we will be much better off in the long run for having done so.

[PogySailor]

"In 2000, the stock market was down, housing was slowing, manufacturing was slowing, we had declining industrial production, job growth was slowing and you could clearly tell that we were going into a slower-growth period. And yet the media missed it,"

Bzzzzt. Wrong. The media didn't "miss it". They didn't report it. In fact, the Democrats and the media attacked Bush for "talking down the economy" for pointing out those very things.

[softengine]

Bush's plan has improved the economy. Jobs are being created.

I am within a hair's breath of creating some myself. After maxing out my credit cards, and culling every penny from every source I can, I am in a position to go live with my business by end of year, and projecting a first round of hiring for the end of the first quarter of next year.