On Sun, 11 May 2008 01:21:15 +0000, Jeff Strickland wrote:
>
> "Stray Dog" <straydog2008@[EMAIL PROTECTED]
> wrote in message
> news:02cb8ae6-2257-4468-80c9-c3713b0ae75d@[EMAIL PROTECTED]
>> (BPOking's post is quoted in full at the end of my comments; BPOking
>> always loves to talk about the negatives of the US economy without
>> acknowledging the positives. So lets just look at a few. WSJ, May 9,
>> 2008, page A2: "US Jobless Claims Fell in Latest Week" (not that I'm
>> that impressed with govt stats, but this is anything but a cra****ng
>> economy). Front page and more on page A2 about inflation: Half of
>> economists in poll say that inflation is being driven by demand from
>> China/India (so all you guys can blame China and India for all of the
>> world's inflation woes, and those woes are amplified in another
>> article on page A9: "Inflation Concerns Keep Europe's Rates on Hold"
>> and the graphic shows inflation all over Asia two to three times
>> higher than US, Euro, and Japan. Now, lets look on page B2: "U.S.
>> Retail Sales Rose in April" *yeah, last month, sales went higher. Sure
>> does not look like a cra****ng economy to me (BPOking and "ather" and
>> others who can't see the forest for the trees, probably can't think,
>> either). Now lets look on page C2 and first page of "C" section for
>> the headline "The financial crisis is '75-85% done,' says Dimon of
>> J.P. Morgan Chase" (sure does not look like an economy in a crash to
>> me). Also on page C1 is this article "Trade Deficit May Extend Its
>> Shrinking" and the graphic shows the monthly trade deficit for the
>> last 1-2 years going down, long term. Sure does not look like a
>> cra****ng economy to me.
>>
>> So, why are these guys dancing in the streets over a small number of
>> relatively minor problems in the US and totally ignoring the positive
>> news? Are they mentally unbalanced? Or, incompetant? Or, just backing
>> up their prejudice and bias with propaganda?
>>
>
>
> They're Democrats, and Democrats need a faltering economy to win in
> November. They call it good bad news.
>
> Bad good news is when the WSJ re****ts an up month in April, or lower
than
> expected job losses, or that the economic troubles are actually caused
by
> policy matters elsewhere in the world. That is all good news for
America,
> but bad news for Democrats.
Republican economic ideology was and is hopelessly flawed. But they
really do believe that economics does not matter. There are 3 things that
are im****tant to Republicans: Authority, authority, and authority.
--
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org/extend
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