A funny thing happened on my way to the forum

[Carolab]

I stumbled across this from www.renewamerica.us (a conservative website) and I thought it was funny (in a sad sort of way)...

Dated December 13, 2003:

Dean suggests America's economy isn't rebounding, because Americans aren't investing, due to lack of confidence. The DOW industrial closed above 10,000 points, on December 11, 2003, which has not occurred since May 24, 2002.

Furthermore, "The Conference Board" issued a Press Release stating "2004 will be the U.S.'s Best Year Economically in the Last 20 Years." Listed in "The Conference Boards" Press Report was:


GDP Growth will hit 5.7% in 2004


Real consumer spending, which continues to fuel growth, will increase at a 4.7% pace next year, up from about 3.2% this year. Another gain of 4.3% is projected for 2005.


Real capital spending, which will rise by only 2.7% this year, will climb 11.7% next year and another 8.6% in 2005. Pre-tax corporate operating profits will top $1 trillion next year, up from a projected $928 billion this year. Another trillion-dollar-plus gain in profits is expected in 2005.

http://www.renewamerica.us/columns/bunton/031213

I noticed that the "Conference Board" link now leads to a notice: Document no longer available.

[RobertSeattle]

1. Reminds me of that old joke that goes like this...

The right wing told me if I voted for Gore in 2000 or Kerry in 2004 we'd have war, recession, huge deficits, and the world would despise the United States - I voted for Gore and Kerry and they were right!

[Carolab]

2. Good one! I'll have to remember it. n/t