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Strategies & Market Trends : New India -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (325)	8/22/2008 2:01:44 PM
From: TimF	Read Replies (1) \| Respond to of 608

Well if the point is that people hadn't done as well as they had expected to do, I can't really argue against that. I'm not sure I wouldn't agree, and even if I think about it awhile and disagree, there is nothing really solid to point to, in order to counter the argument. I suspect that except in the best economic periods a very significant number of people feel they didn't do as well as they thought they where going to do (and even in the best periods a lot of people still feel that way). OTOH when the issue is studied, typically people don't feel they are doing so horrible, but they think that everyone else is. Whether that's a matter of accurately reflecting their own circumstance, but having pessimistic bias about the rest of the country, or a matter of adjusting their expectations downward after the fact, might be hard to nail down.