To: TimF who wrote (359886 ) 11/23/2007 1:05:07 AM From: tejek Read Replies (1) | Respond to I trade stocks. That requires that I review the fundamentals of hundreds of companies to see which ones are doing the best. In the last 5 years, if you wanted to make good money on the stock markets and you wanted to buy American, you bought American companies that had considerable exposure outside the US. The emerging stock markets have done the best, the European bourses second and the US markets third. The only aspect of the American economy that was doing well was housing. However, as it turned out, it was a false friend......the last two years were based on cheating consumers and violating the rules. Compared to the Clinton years, job production has been anemic at best. And what jobs have been produced have been low paying. Thus I look with considerable jaundice on your comment that the economy looks good. As for the burger flipping jobs comment.....this is the first I've heard that comment made. I never heard it during the Clinton years. This wasn't "trying to make the Bush economy look good", its not about Bush, its about the fact that the economy has done fairly well. Its using a 10 year period to smooth out short term changes. Its a response to "all the jobs are just burger flipping jobs", a type of comment that was heard long before Bush came in to office, which was false then and is false now. Its not a response to "the economy has done poorly under Bush". The later doesn't really need responding to because the economy clearly hasn't done poorly.
