Monday, July 15, 2002

I now know why the market is plunging. Bush was delivering his own version of the "malaise" speech - drawing from his own experience, he calls it "hangover" (blaming the investors and Clinton - for getting us "drunk"):

" As well, in order for us to have the security we all want, America must get rid of the hangover that we now have
as a result of the binge, the economic binge we just went through. We were in a land of -- there was endless
profit, there was no tomorrow when it came to, you know, the stock markets and corporate profits. And now
we're suffering a hangover for that binge.

No comments:

Blog Archive