This economy is a disaster. It’s George W. Bush fault.
* UNEMPLOYMENT DOWN... 4.7%
* INCOME UP SIGNIFICANTLY
* CONSUMERS CONTINUE TO BUY
* PRODUCTIVITY GROWS AT UNPRECEDENTED RATES
* INFLATION STILL UNDER CONTROL
* HIGHEST PERCENTAGE OF HOME OWNERSHIP IN HISTORY
Chicago Federal Reserve President Michael Moskow remarks to
the University of Chicago Graduate School of Business:
"Given that the economy is operating close to potential, we need
to be careful to monitor for the emergence of any economy-wide
strains on resource utilization. Such strains would have the potential
to increase inflation pressures."
TRANSLATION: The economy is going gangbusters...thanks to BUSH.
Opps....I forgot to tell you, I’m a Democrat and to Democrats this
kind of economy is a disaster. It makes his tax cuts look like they’re
doing what he said they’d do.
OK: I lied about being a Democrat! But I only lie about unimportant
things.........like Democrats. :)