Posted by Leland Crooks [ 64.254.37.242 ] on May 11, 2006 at 06:24:40:
In Reply to: Re: I would rather tax less and spend less... posted by manualblock on May 10, 2006 at 20:44:35:
"He only has to work through the summer to make his nut for the year."
I wish. You know how they talk about retailers making their year in December, that's us in apr, may, june. Covering up the red ink from Dec, Jan, Feb. But in a little over a year the bank no longer owns me. There's gonna be a big party. It's been 50-70 hour weeks for 12 yrs. Should have been 9, but the late 2000 tank really crimped business up until the middle of last year. Maybe that's why I don't believe they're pro business, at least small business. I've been through 4 administrations in business for myself. Reagan, Bush (Hardware Store),Clinton (Rental Store and Hardware Store), BushII. I made money with Clinton, added 2 locations and paid debt. Under the others I struggled like hell just to pay the debt and keep the doors open.
Mr. Vinyl is correct that the president does not directly affect the economy, but what he does with the pulpit influences it. I have a relative who has made a fortune in the market. He learned very quickly to short the market whenever George gave a speech. EVERY time until last fall, whenever George spoke, the market dropped. The results are statisically significant. The graph is pretty funny actually.
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