Georgie thinks the economy sucks

[saxon]

Quote from Winston:

More pinko crappola, as that great 70's icon coined.

pinko...



Sounds like 60's crappola to me...or maybe 50's. You go way back, don't ya Winst.

 

[saxon]

Quote from Cutten:

He's just hedging his bets. If the economy is doing well in September, you can bet your ass that he'll be mentioning it at every opportunity.

I suppose you're right, Cutten. Just a little surprised that he would choose to spotlight the war debate at this point. Don't see much upside in doing that.

 

[brokerboy]

Quote from saxon:

LOL!! You guys kill me.

I guess I need to spell it out for the slow ones in the class. I'm basically making the point that the President of the United States does not feel that the economic recovery is going to be a strong enough issue for him to focus his campaign around in the Fall. (Economics...did you get that one?)

And if he is correct, it is not too great a leap to assume, that might have some effect on the stock market. (Trading...did you get that one?)

Sheesh...

he thinks or someone told him. this is a guy you would not let run your company and he is running the country.

 

[Arnie]

Saxon,

I think you got it completely bass ackwards. He is more vulnerable on Iraq than the economy. The economy IS improving. Every measure is up (albeit job growth is still lagging)...

Historic low int rates

Record housing #'s

Low inflation

Record productivity growth

Increasing corp profits

Low (relativley) taxes

Its clear the economy is on the mend and should be doing very well by summer. Iraq is a completley different animal. No body really knows how it will turn out.

 

[saxon]

Quote from Arnie:

Saxon,

I think you got it completely bass ackwards. He is more vulnerable on Iraq than the economy.

Arnie,

I think if you re-read my post, you'll find that is exactly what I said.

 

[MRWSM]

He said the economy is strong and getting stronger. What more do you want him to say? Maybe he should have been more specific and said to buy tomorrows dip.