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Old 08-23-2005, 02:55 AM
ptmusic ptmusic is offline
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Default Re: Will Bush Drop into the 30s?

[ QUOTE ]
First off, I never claimed superior intelligence, merely that most people are ignorant about the economy (and I will also claim, ignorant about economics in general). I never made a claim to superior intelligence, nor should you take my use of the word ignorant to be synonymous with stupid. In other words, quit trying so hard to be a jerk and make some substantive points instead of trying to put words in my mouth.


Things I like about the economy right now:
<ul type="square">[*]5% unemployment[*]total US employment at an all time high[*]interest rates and core inflation at 40 year lows[*]worker compensation up 4% (since the Bush economic stimulus package came into effect)[/list]
Those are some to get you started.

[/ QUOTE ]

How can interest rates be at a 40 year low if Greenspan has been gradually hiking them?

-ptmusic
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