Friday, August 27, 2004

make up your minds

One day the economy is growing, the next it's not. I wish some of these reporters would actually take the time to do some research instead of just writing down what some partisan told them.

Geez. I'm getting dizzy.

Today is a "being poor sucks and it's not getting better" day. These seem more reasonable to me than "the economy is great! our tax strategies are working!" days. I know people who are un- and underemployed. I know how hard it was for me to find a job 6 months ago. I know I got lucky, and if I were looking again today, it would be hellish out there.

Let's just all admit that the economy sucks, spending money in Iraq is not helping, and cutting taxes for the rich really doesn't do much except give the rich more money to play tennis with. "Nice shot, Bitsy!"

Greenspan Urges Pension Benefit Cuts
Federal Reserve Chairman Alan Greenspan said Friday that the country will face "abrupt and painful" choices if Congress does not move quickly to trim the Social Security and Medicare benefits that have been promised to the baby boom generation.

Economy Grows at 2.8% Rate in the Spring
The U.S. economy, struggling under the weight of a bloated trade deficit, grew at a relatively modest 2.8 percent annual rate in the second quarter, a slower pace of expansion than previously thought.

Ahold Sees U.S. Retail Profits Fall
Dutch food retailer Royal Ahold NV said income from its U.S. retail operations plunged 30 percent in the second quarter, blaming sluggish performance at Giant Food and Stop & Shop Stores, its two biggest American chains.

More Americans Were Uninsured and Poor in 2003, Census Finds

But somehow it took until just a few weeks ago for Bush to stop saying things like "We're turning the corner"

Bush speech drops 'turning the corner'

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