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Old 11-12-2007
Marcus1124 Marcus1124 is offline
Secretary of State

 
Member Since: Dec 2004
Location: DC
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Re: A Subprime Mess: Politicians at Fault

Quote:
kramer
I just read today that some economic experts say that we may see the worst recession since the 1930's. I hope they have greatly overestimated the negative fallout from the subprime mess.
I think many have been vastly understimating the tremendous resiliance and underlying strength that has been the foundation of this country's economy since the Reagan tax cuts. And for the record, there has seldom been a day in the last 25 years were some doom and gloomer economic "experts" were predicting the imminent near collapse of our entire economy...kinda like the malthusian/environmental wackos who are constantly predicting calamity around the corner...and yet we just keep going strong and getting better an better.
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