[Rhodes22-list] Politics

Slim salm at mn.rr.com
Thu Nov 9 17:20:15 EST 2006


Brad,

I'm referring to the total national debt.  I don't know where I git that
number--you know I'm never that well-informed.  8-)

Slim


On 11/9/06 5:04 PM, "Brad Haslett" <flybrad at gmail.com> wrote:

> Slim,
> 
> We've got 30 minutes max until I have to drive Cora to an 'appointment'.
> One thing I learned from my undergraduate in accounting and an MBA is to
> distrust numbers when they are thrown out for effect.  What number are you
> talking about?  Trade deficit?  Total national debt?  Big numbers are
> scary.  Where did you get your number? Our national debt as a percentage of
> GNP is mild.
> 
> By all conventional measures, the economy is in great shape.  Now let's look
> at the dark side.  The good paying middle class union jobs have gone
> overseas, emphasis on the GONE!  The middle class semi-skilled jobs, ie.
> telephone work, accounting, etc, has gone overseas, GONE!  We still fry the
> best Freedom Fries in the world at minimum wage.  Raise the minimum wage and
> $5000 automatic fryers look attractive.
> 
> Slim, it doesn't make a rat's ass which party won the most recent election
> in long term economic trends provided we stick with a capitalistic system.
> We (as a nation) are sucking left rear hind tit in many economic ways.   I
> just cashed in my international funds at what I think was the high point to
> buy my new toy.  Maybe the French and Germans are where you should invest
> your money, but, based on Airbus and their host countries lackluster economy
> compared to ours, perhaps not.  If you're a fan of socialism, none of this
> talk about economic numbers matters.  If you want an expert opinion, call
> George Soros.  He doesn't give a fuck about anything but his bottom line,
> but, perhaps could give you much better advice.
> 
> Economic news is economic news.  Spin it to suit your needs.  I do!
> 
> Brad
> 
> 
> On 11/9/06, Slim <salm at mn.rr.com> wrote:
>> 
>> On 11/9/06 8:04 AM, "Brad Haslett" <flybrad at gmail.com> wrote:
>> The economy is in excellent shape by all conventional
>>> measures.
>> 
>> Um, Brad, am I missing something?  What part of an 8-trillion-dollar
>> (plus)
>> debt do you see as "excellent?"  That would be an 8 with 14 zeros!  I
>> suppose it's excellent if you're China.
>> 
>> Slim
>> 
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