Thursday, February 5, 2009

The economy

Here's a famous Ronald Regan assessment of the economy in the late 70's: "Depression is when you're out of work. A recession is when your neighbor is out of work. Recovery is when Carter's out of work." Hmmm. I think maybe all the politicians should be out of work.

Now we're looking at spending billions and billions more to get people back to work. And, now that Wall Street is getting billions and billions in bonuses (mostly bailout money), we can only assume that work is a very unpopluar way of making money. Hmmm.

They're teaching me you can't spend what you don't have, so have!

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