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<< Block Grants & Bankrupt States | Main | Dossier-Gate-- Blair Plagiarized Anti-Iraq Text >> February 06, 2003Jobless Economy
Posted by Nathan at February 6, 2003 07:39 AM Related posts:
Trackback PingsTrackBack URL for this entry: CommentsAre there no workhouses? Are there no prisons? Not that Bush would support so socialistic a thing as a "workhouse." Free labor is what prisons are for, after all. Posted by: Kevin Moore at February 7, 2003 12:37 PM The economical crash of 1987 started the downward economical cycle . The economical crash of 2000 started the downward economical cycle. They were both followed by a final suckers rally that began 2.5-4 years after the crash. This ended in the mini crash which lead into the recession of 1990/1. The 2000 suckers rally/mini-crash should happen in the next 12 months. So, when you compare 2003/4 to 1990/1, you are comparing apples to oranges. Posted by: Jim Coomes at February 10, 2004 07:20 PM The economical crash of 1987 started the downward economical cycle . The economical crash of 2000 started the downward economical cycle. They were both followed by a final suckers rally that began 2.5-4 years after the crash. This ended in the mini crash which lead into the recession of 1990/1. The 2000 suckers rally/mini-crash should happen in the next 12 months. So, when you compare 2003/4 to 1990/1, you are comparing apples to oranges. You are comparing an economical crash to a recession. (Forget the NBER definition of a recession.) Posted by: Jim Coomes at February 10, 2004 07:22 PM Post a comment
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