[Rhodes22-list] Politics
Slim
salm at mn.rr.com
Thu Nov 9 17:20:15 EST 2006
Brad,
I'm referring to the total national debt. I don't know where I git that
number--you know I'm never that well-informed. 8-)
Slim
On 11/9/06 5:04 PM, "Brad Haslett" <flybrad at gmail.com> wrote:
> 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
>>
>> __________________________________________________
>> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
>>
> __________________________________________________
> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
More information about the Rhodes22-list
mailing list