Um, hmmm, how to say this... The economy right now is like that person who goes to the check-cashing place on payday every week. That person is fine the first week because he's now got almost twice as much money to spend. The second week he's got to get enough money out to pay off the check fee from the first week. The third he's got to get out enough to survive on because the first and second are gone. It repeats itself every week, it's a trap and there's no real way out of it other than starving for awhile. That's why everything looks ok at the moment, but like Gruss said, the long-term indicators are pointing south. Matthew Small
-----Original Message----- From: Sam [mailto:[EMAIL PROTECTED] Sent: Wednesday, August 24, 2005 4:53 PM To: CF-Community Subject: Re: Sam's Economy Thread Exactly my point. Your like the weatherman, your wrong most of the time. You run around screaming the sky is falling based on dislike for the President. I'm not saying the economy is perfect, but I do remember 2000-2001 when the shit hit the fan and times were real bad. Looked like it would take many years to recover but thanks to the Presidents policies we came out quickly. If he had listened to O'Neil we might still be in the recession. Now we have more time to sort things out, like SS and healthcare. On 8/24/05, Gruss Gott wrote: > As I've said many times, I'm surprised the short term numbers are as > good as they are, but here's the deal: > > While all of the normal economic indicators look good, their > comparative ratios look crazy. This indicates that the economy is > definitely NOT normal; Mr. Greenspan has called it a "conundrum", in > fact. So this is where the art comes in. > > You've got some people, such as yourself, who are looking at the > standard indicators and saying everything is fine, and you've got > others who looking at the comparative numbers and sensing something is > wrong. (For example corporate cash) > > For sure we know we're deep in debt and we've got huge obligations coming up. > > How it's going to turn out, I don't know. But I'm an engineer by > training so I don't like when things don't add up and I don't see > things adding up. > > So, it comes down to how you view an unseasonably cool sunny day. > Some say it's sunny so who cares, some say warmer days are ahead, and > some say storms are coming. > > I say storms are coming. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:171008 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
