Bush and Boating
 

In article et,
says...

"jps" wrote in message
...

NEW YORK (CNN/Money) - Americans' overall income shrank for two
consecutive years after stocks plunged in 2000...

Yes, we already knew that. The stock market plunge in the final year of
Clinton's second term hurt Americans' income for the next two years. Now,
where in your article does it say that people had to sell their boats?

Boat usage is down significantly here in the NW and prices are soft.

Where did you complete your econ studies, in dental school?

jps

Bush and Boating
 

And you live in an area that was way overpaid with the .com debacle. Lots
of millionaires on paper, but when the market realized that a website did
not merit a billion dollar capitalization, there money was gone. And they
probably bought on the come. Most the country, did not have a huge
fluctuation of income.
Bill
"jps" wrote in message
...
In article , says...

So...are you trying to extrapolate "reality" of your your statistical
base of yourself?



No more so than jps stating "Unfortunately, people are having to give
up
their boats under Bush because their wages aren't what they used to be"
without offering any facts about boat ownership declining under Bush.

I would rather trust real life stories than unsubstantiated opinions.

Here Dennis. See if this reaches your cranium...

Americans' incomes fell for two years

Report: IRS data shows first-ever consecutive-year drop; loss of jobs
blamed.
July 29, 2004: 12:59 PM EDT


NEW YORK (CNN/Money) - Americans' overall income shrank for two
consecutive years after stocks plunged in 2000, the first time that has
effectively happened since the current tax system was put in place
during World War II, according to a published report Thursday.

The New York Times, reporting data from the Internal Revenue Service,
said gross income reported to the agency fell 5.1 percent to $6.0
trillion in 2002, the most recent year for which data is available, down
from $6.35 trillion in 2000. Because of population growth, average
income fell even more, by 5.7 percent, and adjusted for inflation the
decline was 9.2 percent.

Bush and Boating
 

In article . net,
says...
And you live in an area that was way overpaid with the .com debacle. Lots
of millionaires on paper, but when the market realized that a website did
not merit a billion dollar capitalization, there money was gone. And they
probably bought on the come. Most the country, did not have a huge
fluctuation of income.
Bill


Not an unreasonable observation. We are also have the highest per
capita ownership of boats in the US, if I remember properly.

I sold some of that inflated stock to purchase the boat outright.
Thought I was being stupid. Turned out to be an accidently brilliant
move looking back. Spring 2000.

I didn't enjoy paying the giant cap gains tax bill the following year,
but I swallowed hard and wrote the check.

jps

Bush and Boating
 

"Calif Bill" wrote in message link.net...
And you live in an area that was way overpaid with the .com debacle. Lots
of millionaires on paper, but when the market realized that a website did
not merit a billion dollar capitalization, there money was gone. And they
probably bought on the come. Most the country, did not have a huge
fluctuation of income.
Bill

You should go back to the Views of Kerry post, and tell the guy who
lives close to ANWR what a non-pristine place it is!!!!!!

Bush and Boating
 

"basskisser" wrote in message
om...
"Calif Bill" wrote in message
link.net...
And you live in an area that was way overpaid with the .com debacle.
Lots
of millionaires on paper, but when the market realized that a website
did
not merit a billion dollar capitalization, there money was gone. And
they
probably bought on the come. Most the country, did not have a huge
fluctuation of income.
Bill

You should go back to the Views of Kerry post, and tell the guy who
lives close to ANWR what a non-pristine place it is!!!!!!

Not only are you stupid, you can not follow a thread.