THat faith is long gone for many, and it will not becoming back soon.
Yeah right.
That's why the Dow Jones Industrial 30 are breaking new highs, almost daily.
That's why corporate earnings are through the roof.
That's why even Warren Buffett, highly partisan Democrat, had to go bullish as of late.
That's why REAL household income, as calculated by the GAO, once again rose faster than inflation and remains on course for more solid gains in the years to come.
One little blip in the skyrocketing housing market and all the chicken littles come flying out of their hole in the ground.
As I've said before, the GWB economy is built on REAL earnings, REAL P/E strength, REAL corporate growth, not just in the US but throughout the world.
The Clinton economy was built on nothing but dot.com hype, bolstered by fudged numbers released by the SEC which in the 1990s was headed by Clinton butt-boy ... ? ... I forget his name, but he used to be head of Goldman Sachs, and he still remains a highly partisan Democrat to this day.
No wonder he fudged the numbers in Clinton's favor so much during the late 1990s.
No wonder NASDAQ lost 46% ... that's right FOURTY-SIX PERCENT of its value during Clinton's final six months in office.
Yet the lib-sucking media still tries to blame GWB for the economic downturn of 2000-2001.