Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (220590)	2/23/2007 8:27:17 PM
From: Katelew	Read Replies (1) \| Respond to of 281500

I'm not sure what research you are talking about as to number of positive articles, etc. From a practical point of view, I don't see why it matters anyway. I live off investments so I try to keep up with the economy. When I want economic info, I read business periodicals, etc. not MSM. The publications I look at don't argue which president had this or that economy......they just report raw data in an effort to identify trends. Maybe I'm missing your point, but if you see some kind of bias then I'm not in a position to argue or even really want to. As for job creation, one thing I personally will be interested in seeing will be analysis as to the quality of the jobs created and whether or not the numbers of jobs created over the last several years by the war effort is masking deterioration in other sectors of the job market. The WSJ brought this last question up recently. My sense at this point is that job creation under Bush will prove to have been weaker than that which occured under Clinton. As for inflation, Bernanke is watching carefully and he should be. We've had tremendous raw material price increases in every category, not just energy. All these costs have not fully rippled thru the economy, imo, as producers and retailers both will hold back on the pass through in order to not stifle final demand, i.e. consumer buying. At some point, unless those costs back off, all the increased costs have to be passed on. So again, time will tell. As for the Wal-Mart effect, that's old. In fact, all the category killers like Home Depot, Toys R US, Bed Bath and Beyond, etc. are long in the tooth as far as driving prices down for the consumer goes. But I will agree that the Bush economy has chugged along just fine so far. As an investor, I'd like to see some real growth in wages, and actually this may be starting to happen right now. But I'm basically OK with it and haven't seen much criticism of the Bushies regarding the economy.