Oh how the news irks me
In the face of 3.9% economic growth (brisk by any standards) and adding 110k jobs and "benign inflation". The following are some headlines taken from Yahoo news on "US Economy". Let me summarize the headlines for you simply and you can analyze this:
1. Shaky - In Trouble
2. Turmoil
3. Mortgage Crisis
4. Less than Forecast
5. Income stagnates
These were all in ONE little window that I cut and pasted.
So as oil gets up over $100 soon, let's all gather 'round and do a 300 million man march on Washington to decry their policies of hate and ruin...wait a tick...we're too busy working. My bad.
News Stories
- Shaky Markets Prompt Rumors of Who�s in Trouble at The New York Times (reg. req'd) - Fri, Aug 10, 2007
- Turmoil in U.S. mortgage market goes global at Newsday - Fri, Aug 10, 2007
- U.S., European central banks step in to contain mortgage crisis at San Francisco Chronicle - Fri, Aug 10, 2007
- Productivity Grows Less Than Forecast at Bloomberg.com - Tue, Aug 07, 2007
- As U.S. income stagnates, Democrats reject free trade McClatchy Washington Bureau via Yahoo! News - Wed, Aug 01, 2007
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