That's funny. I thought they lasted until about December of a presidential election year.
Bush hopes. I mean, emptying the treasury so that rich people can dump it on things they don't need, and so that the US can conquer countries it is incapable of occupying, has to be about as close to investing Granny's estate in trips to Disneyworld as public policy gets.
Of course, I'm here assuming that Bush's Great Disgorgement is tied to this comparatively feeble "recovery." Any left business observers out there have another take on the matter?
---------- Original Message ---------------------------------- From: Doug Henwood <dhenwood at panix.com> Reply-To: lbo-talk at lbo-talk.org Date: Fri, 5 Sep 2003 02:14:30 -0400
>National Review Online - September 4, 2003
>
>The New Economic Reality
>When will the bears wake up and smell the coffee?
>
>Larry Kudlow
>
>August was supposed to be a bad month, but stocks rose anyway.
>September is supposed to be the worst month of the year, but stocks
>are surging anyway. When will the bears wake up and smell the coffee?
>We're in a bull market. It has legs. ....