[Rhodes22-list] Politics

[Brad Haslett]

Slim,

We've got 30 minutes max until I have to drive Cora to an 'appointment'.
One thing I learned from my undergraduate in accounting and an MBA is to
distrust numbers when they are thrown out for effect.  What number are you
talking about?  Trade deficit?  Total national debt?  Big numbers are
scary.  Where did you get your number? Our national debt as a percentage of
GNP is mild.

By all conventional measures, the economy is in great shape.  Now let's look
at the dark side.  The good paying middle class union jobs have gone
overseas, emphasis on the GONE!  The middle class semi-skilled jobs, ie.
telephone work, accounting, etc, has gone overseas, GONE!  We still fry the
best Freedom Fries in the world at minimum wage.  Raise the minimum wage and
$5000 automatic fryers look attractive.

Slim, it doesn't make a rat's ass which party won the most recent election
in long term economic trends provided we stick with a capitalistic system.
We (as a nation) are sucking left rear hind tit in many economic ways.   I
just cashed in my international funds at what I think was the high point to
buy my new toy.  Maybe the French and Germans are where you should invest
your money, but, based on Airbus and their host countries lackluster economy
compared to ours, perhaps not.  If you're a fan of socialism, none of this
talk about economic numbers matters.  If you want an expert opinion, call
George Soros.  He doesn't give a fuck about anything but his bottom line,
but, perhaps could give you much better advice.

Economic news is economic news.  Spin it to suit your needs.  I do!

Brad


On 11/9/06, Slim <salm at mn.rr.com> wrote:
>
> On 11/9/06 8:04 AM, "Brad Haslett" <flybrad at gmail.com> wrote:
> The economy is in excellent shape by all conventional
> > measures.
>
> Um, Brad, am I missing something?  What part of an 8-trillion-dollar
> (plus)
> debt do you see as "excellent?"  That would be an 8 with 14 zeros!  I
> suppose it's excellent if you're China.
>
> Slim
>
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