The $#!+ hits the fan. Buh-bye, Dubya.

by 11 percent or something, because of rising
interest rates.

Uh-oh.

Not starts.

I knew it was something like that.

:)

the rich are getting richer, and more jobs are being exported, the trade deficit is increasing, federal deficits are breaking records ---

and according to the bush* fuzzy math method -- this is good for the economy

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meanwhile -- my partner asks me last night "so what are we suppose to do with these new terror alerts? what can we do as joe-blow on the street?"

me: "ummmmmmmm, errrrrrrrr... go shopping?"

trades against the euro at something like .82 ... oh i just love watching our currency go down

...can be suspicious of his neighbors and report anybody they don't like to the dept of fatherland security!

Anything to keep the public's eyes off of the f-up in the WH.

except gasoline to power their planes and boats and luxary cars. Life if rought!

to realize that the economy is headed for the dumpster. Here in NW AR, we see stores starting to go out of business. My husband was laid off for lack of work at a car dealership, and as he's gone around looking for work elsewhere, most places have mechanics just sitting around (only one was really busy, but they weren't hiring). The volume of pest control business is down a bit for this time of year. The guy who does the pest sprays told me that the talk down at the local diner is that this is a recession heading for depression.

on the WSJ and late on Lehrer.... The economy is great and it's all due to the tax cuts. Said it on 'Now' These people are supposed to be intellegent?

prices.

just an improvement in standards for the superwealthy and corporations. The house of cards is just getting harder for them to prop up, watch them seriously try to cook the books further and spin the numbers. There is TONS of evidence that they have been producing bogus economic figures and the People are NOT being fooled. Everyone but the elite 1% knows this economy sucks.

When congress handed out the "rebate" checks last summer, it provided a temporary goose to the economy as everybody, naturally, went out and spent the money (I bought a kayak). And remember that when homeowners refinance, they can typically "skip" a month before making their first payment (I know, the interest is still accruing). But that means that homeowners who refinance found themselves with a whole month's house payment burning a hole in their pocket.

But without another rebate this summer and with the refinancing boom to generate disposable income, the recovery will soon peter out because people are still unemployed, and many who are have had to take jobs that pay less than what they made before.