Tuesday, November 18, 2008

The Malaise Returns

The Seven Deadly Deficits

Ah yes, things were just peachy at this time in 2000 and BUSH just messed it all up! For those whose memory of 8 years ago is fuzzy:

  • On September 1, 2000, the NASDAQ traded at 4234.33. From September 2000 to January 2, 2001, the NASDAQ dropped 45.9%. In October 2002, the NASDAQ dropped to as low as 1,108.49 - a 78.4% decline from its all-time high of 5,132.52, the level it had established in March 2000.
  • On Sept 11, 2001 I think we ALL know what happened. Also, the USS Cole was bombed in October of 2000. Since we have not had an attack similar to the Cole yet in 2008, we will know for sure by Sept 12, 2009 if the Demorats and MSM are correct that "The Bush policies have made us less secure". Since they were SO quick NOT to blame Slick Willie for 9-11, I'm SURE they would NEVER blame Bush for an attack post 9-12-2009!
  • Uh, equality deficit? The rich got richer (and so did the poor) under Slick as well as under Bush. Zero was still zero then as now. The top moves more than the bottom -- 10% more income if you make $10K is $1k, it is $10K if you make $100k. It works the other way as well ... -10% of the guy with $100K is $10K, but it is only $1K for the guy making $10K ... BUT, what probably happens is that the guy making $10K loses his job.
  • Want to read back to me what wonderful things Slick / Al did for the environment? Other than make more noise? Uh, like nothing -- if they had pushed Kyoto through (which they never tried), then they wouldn't been able to complain about Bush not doing it either.
Yes, yes, I know this is Mother Jones and they are out there on the left, but it is amazing to read how doctrinaire these folks are, and how much of it is very similar to what you read in the rest of the MSM.


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