Posted by
The New THOMA$ REPORT on Thursday, July 03, 2008 1:03:43 PM
The liberals like to say
we're "in the worst economy ever. But they (want us to) forget a few
things, such as: 5.5% unemployment, which is "effectively NO unemployment;
4% inflation with economic growth of 6%; Dow Jones "drop off" of 18%
at its worst. Yeah. This is the "worst economy ever." Unless you
consider the facts, which include Dow-Jones dropping 89% between 1929 and 1932
(from 380 to 41) and unemployment at 24.9% in 1933; in 1973 until 1977,
unemployment went from 4.9%, then to almost 10% by 1982 (after many years of
liberals in charge); while the Stock Market went from 1067 in January 1973 to
570 in December 1974 (a drop-off of 46%) accompanied by double-digit inflation
(most during successive Democrat administrations). Yeah, this MUST BE "the
worst economy ever." (Just common sense)