Quote:
Originally Posted by xoxoxoBruce
It's not his fault, it's the blind trust... except that's also a lie.
That's because Romney placed his quarter-billion dollar family fortune in the hands of his personal lawyer and longtime associate Bradford Malt.
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Projections are used all the time for budgeting purposes. It has nothing to do with Bruce's snarky attitude, above. Gotta hate them rich guys, eh Bruce? Some are optimistic, some are pessimistic, with the former being much more common.
Nation-wide economic projections are seldom spot on, because the economy is so complex and variable in the controlling factors, at any given period.
You can be sure of one thing - if the Republicans win the House, Senate, and Presidency, you will see, after a period of re-adjustment by the gov't and the economy, a tremendous recovery. The speed will be slowed down by the recession in Europe and by the recent slow down in the Chinese economy. But unlike today, when we know we have 11.9 million manufacturing jobs, versus 12.4 million in '2009, and the dow dropped 240 points and is expecting a "down" 4th quarter*, things will begin to REALLY look up.
Remember what that felt like?
*From KNX 1070 News Radio, Los Angeles, a CBS affiliate.