NOYB wrote:
"HarryKrause" wrote in message
...
NOYB wrote:


The economy is great. Unemployment is low, and GDP is up. The stock
market is undervalued IMHO. People got burned by the corporate
accounting scandals and irrational growth from the dot-coms and
IPO's...and turned to a safer investment: real estate. Real estate is
the new millenium's new stock market.


That's a crock.

BUSH JOB LOSSES NEAR 3 MILLION: "Our economy is strong," President George
W. Bush declared on May 31, citing as evidence job growth during the past
two years and a 5.1 percent unemployment rate. What Bush didn't mention
was how many jobs have been lost in his entire four-year-plus tenure.

Irrelevant. There's been a *NET GAIN* of nearly a million jobs while he's
been President...and almost 3 1/2 million in the last two years.

Yeah, sure. Let's say that a certain person's worth five years ago was
$1 million. Because of poor investments, four years ago, your worth was
down to $500,000. This year your worth went up to $750,000. Following
your analogy, you actually gained! But, wait, look......there's a
$250,000 deficit, not including inflation, etc.