Richard, what will be your campaign slogan!!!???



In my completely undereconomiclyeducated opinion (whew, that was a mouthful) our economic woes are a part of the natural ebb and flow of economies. Laws of physics: what goes up must come down. This is really a historical cycle which has repeated itself over history. Just happens to be in our lifetime, so we freak about it. Does anybody remember the gas lines under the Carter administration?
The dip we're experiencing now is not because of any administration. It is because investors pour billions of dollars into internet stocks which have no physical holdings. Yes, they had value, but it was cyber value and was alot of smoke an mirrors. Not because of unfair practices like Enron, but because the internet is not a flesh and blood economy. It was bound to collapse at some point.