October 30, 2003

Let's Go Shopping!

So the GDP is up 7.3% -- the best numbers in 19 years. I heard on the radio that 19 years ago was the second year of the Reagan tax cuts. Fascinating, no?

Posted by Ithildin at October 30, 2003 7:45 AM | PROCURE FINE OLD WORLD ABSINTHE

And they say trickle down ecomomics doesn't work. Stupid socialeftists.....

Posted by: ...a moment with Easycure at October 30, 2003 12:14 PM

So many people are going to continue to say that the economy is tanked, that is because that is what they want it to be. They do not want it to look good so they can say it is all "W's" fault. Personally, I have put my funds back into the market.

Posted by: JT_Hunter at October 30, 2003 1:15 PM

Inventories are also very low, which means hiring to resume production, another good economic sign...

Posted by: Susie at October 30, 2003 2:16 PM

Cool beans! And how appropriate.

For whatever it's worth, the law firm I work for has hired FOUR new attorneys this month. When they had been looking like they'd shrink and shrink. Guess there is growth again.

Posted by: Jay Solo at October 30, 2003 2:53 PM

Two questions:

Q1. Who's paying for the war and reconstruction of Iraq?

Q2. Do you really believe the 7.3% growth figure will be standing by next month?

I'll answer both:

A1. You are. And after your government has run up its credit cards to the max and can no longer function, you'll be bailing it out. This is inevitable, and lefty-righty name-calling won't stop it.

A2. I don't. At the first revision next month it's back down to a 3.5% gain. The second revision, two months from now, will bring it down to 2%. That news will be buried on page 67 and no one will pay attention. That's how the spin game works--every piece of news is carefully crafted.

STOP. LOOK. LISTEN. And PAY ATTENTION. When the train comes, maybe you won't get run over.

Posted by: drew at November 2, 2003 8:15 AM