(and yet) "The Economy is fundamentally sound"

Discussion in 'Economics' started by limitdown, Oct 9, 2008.

  1. anyone else still saying that catch phrase?
  2. They are lying through their teeth - because in the same breath they talk about systemic flaws and risks.
  3. and yet

    The economy is fundamentaly sound!

    America has become a nation of whinners
  4. I think stock_trad3r is writing Pres Bush's economy speeches these days

  5. jrlvnv


    i tried to buy a iphone and was sold out :/ so i am not sure what to think of it anymore.
  6. You can draw an analogy between the economics of the country and the economics of a family:

    You and your wife both make a nice income. You have your cars paid off, $10k in the bank, not much debt. Your economics are fundamentally sound.

    Then you go on a bender, and in an all-night poker party you end up owing a half-million to the mob. You can debate the soundness of your family economy, noting that the wife just got a 5k per year raise, Your kid got a surprise scholarship, etc. But all this discussion is irrelevant because the hammer is going to drop.
  7. hey

    4 more years!

    Mission Accomplished