Posted on 05/25/2006 5:50:54 AM PDT by Brilliant
The really amazing thing about all this, though, is that the Bush economy has survived the record high oil prices, at least so far.
I give credit to Bush on that. If he'd adopted some of the nutty ideas the demogogues have thrown out, we'd be doing a re-run of Nixon, Ford and Carter.
This news will probably push the GWB approval rating into the teens.
My co-worker told me he was a "populist" I laughed. What exactly is a POPULIST! To me he is a liberal and a Military hater.
All econ factors have combined impacts. Higher oil prices lead to inflation, yet at certain price points, they spur further R&D. Right now, places like Calgary are veritable boom towns - and since we're so closely linked with Canada, what's good for them is good for us.
Who said anything about the stock market?
Gee, where'd all that capital come from? You guys are funny.
Seems that way to me, despite the dire predictions that spewed forth at the time. I learned a lot from that. I remember listening to Limbaugh go on and on about Carter 2 and how bad things were going to be. Completely, 100% wrong.
From large and small investors. Most of which lost their shirts as the stocke market imploded.
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