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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (12366)	3/12/2001 12:30:52 AM
From: Casaubon	Respond to of 30051

So yes, the Nation was given the impression in the last 8 years that all is well in Fairy Land, low energy prices low health, plenty of workers, lots of cash. Go ahead America, don't save , instead place your future retirement and hopes on the stock market where 30% returns a day are guaranteed, drink and be merry cause tomorrow we'll die We did have low energy costs during the Clinton years. That's a fact, not fairy tale. Health care, not so bad either, with larger numbers of people working, and thus having access to insurance through their employers. Plenty of work to go around, is a truism as well; no fairy tale. Lots of cash? Yes, unfortunately too much access to easy credit. Not sure how one pins that on the Clinton administration as the Fed decide such things. Americans don't save, they spend. Again, not sure how this came to be Clintons fault, though I'm sure the gov't could spend less money. (That's different than giving tax breaks to the rich, by the way). And finally, placing retirement hopes on the stock market is a purely republican endeavor, which seems to be fading into the woodwork, as castles made of sand flow into the sea, eventually.