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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Mike Johnston who wrote (51786)1/27/2006 4:48:10 PM
From: shades  Read Replies (1) of 110194
 
Can a home renovation contractor expect to do the same amount of business after the bubble ? Will construction workers maintain the same income ?

Graces hubby will - he does drywall - he will get richer every year giving Grace his ever increasing paycheck to buy shoes and wegmans until he dies - his income will never go down!

You seem to be making a mistake of extrapolating levels of income derived from the bubble into the future.

BWAHAH - the CBO rebuttle last night said the same thing about Bush - he extrapolated revenues and income that may never appear! And reductions in expenditure that do not seem real!
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