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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Riskmgmt who wrote (108617)	3/9/2008 1:32:29 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

hey Risk, whenever I see some general statement alluding to the messed up system OVERALL, to me it is a veiled excuse for the current government. We had a 2 party system in the 50s,60s,70s,80s,90s and this decade. I will leave off the WWII era and below, since the economic makeup of the country was different (pre WWII we were not a superpower). In only one of those periods, this decade, the national debt doubled when we went into the decade with a surplus. No other time. In this decade we went into it with a booming economy, wage raises for the middle class, declining national debt, no inflation to speak of, a booming stock market which builds entrepreneurialism and a strong dollar. We are leaving the decade with a crashing dollar, stagflation, a secular bear and virtually half the job creation we need to keep up with population growth for the entire decade. All the basic machinations of the 2 party system, which I agree is a bit flawed, were true in the past.... and yet, this decade stands out as a nation that managed to snatch defeat from the jaws of victory.