'Americans do not think that the economy stinks" Juan Williams on Fox News Sunday'Juan Williams on Fox News Sunday.
You see he lives in DC where yes, we have lived in a bubble for most of this recession.
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In The Mailbox: 11.22.24
2 hours ago
Sunday, September 9, 2012
Quote of the Day - Juan Williams Edition
You see he lives in DC where yes, we have lived in a bubble for most of this recession.
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2 comments:
Washington DC has been glutted with "stimulus" so, Williams is right - THINGS BE GOOD!
In all fairness, when was the last time America's economy was "good" according to most people? If we disregard the bubble eras (i.e., Internet stocks, housing), we're talking over 20 yrs ago.
During Clinton, and early on in Bush's 2nd term, Americans regularly cheered on an economy that we later realized wasn't real. So maybe today's pain is a long overdue market reset; a shakeout if you will; where unnecessary skills are no longer rewarded.
Sure, Juan's quote sounds way out of touch. But the truth is far deeper than picking Romney or Obama.
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