(and yet) "The Economy is fundamentally sound"

anyone else still saying that catch phrase?

 

They are lying through their teeth - because in the same breath they talk about systemic flaws and risks.

 

and yet

The economy is fundamentaly sound!

America has become a nation of whinners

 

I think stock_trad3r is writing Pres Bush's economy speeches these days

 

i tried to buy a iphone and was sold out :/ so i am not sure what to think of it anymore.

 

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.

 

hey

4 more years!


Mission Accomplished