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Politics : Politics for Pros- moderated
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To: Nadine Carroll who wrote (12524)10/16/2003 2:34:50 PM
From: Lizzie Tudor  Read Replies (1) of 793592
 
no argument with you about the 98-00 stock market, the problem is we are at pre-95 employment levels and 80s level payscales for engineering now in 2003, and 2 years of stock market hysteria does not explain this away in my view.

In 1994, which was a bad year for tech, a year in which Nafta was all the rage, companies were hiring engineers in the US. There was not much of an internet, certainly no stock market mania. There was even terrorism. But the country still operated, we had a thriving economy then. If we had Bush in 94 who knows what would have happened to the economy.

Trickle down economics just isn't happening, it polarized the country in the 80s and didn't result in much in the way of inventions, it stagnates the workforce it seems to me... we need to build up the entrepreneurial class which is the middle class and not give away the farm to dividend recipients, I don't think we can afford Bush for much longer but time will tell.
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