Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: T L Comiskey who wrote (22825)	7/21/2003 10:37:57 AM
From: Jim Willie CB	Read Replies (2) of 89467

dont look now, but crude oil is at $32 so much for the Iraqi War dividend what a joke!!! clowns in press, media, even financial leaders are mistakenly under the impression that commodity price rise is a signal of the economy picking up IT IS NOT commodity prices are rising from the falling USDollar this is the most horrible form of price inflation it is from production costs rising look for shrinking profit margins there is very little evidence of competent economic thought there is plenty of cheerleading, hope, and deception there is much pointing to historical patterns, ignoring the differences today, and emphasizing the "typical patterns" those patterns just dont apply here and now / jim

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