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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DavesM who wrote (330233)12/17/2002 10:23:56 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Re: "I don't know".

>>> Exactly... We don't know yet. The figures aren't in.

>>> But don't forget employment loss, loss of wage pricing power, plus all the market loss and other declines in equity values (including housing... have you seen the RE declines in the Valley? In Boston?)

>>> I doubt that this crash and recession has 'only affected the mega-rich'. If so, it would be the only recession in HISTORY to do so.



To: DavesM who wrote (330233)12/18/2002 12:10:24 AM
From: steve dietrich  Read Replies (2) | Respond to of 769670
 
That's most likely true in the 2000's since Bush Lite took office. Most of the middle class who had wealth in the stock market have lost the better part of it. Now many of them are dipping into their home equities just trying to get by while they seek employment!


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