Quote:
Originally posted by cowtown
W is the pro-business, big-oil, Fortune 500 cowboy sellout, is he not? WHY, with his crush-the little-guy, pro-corporate policies, has the market not exploded?
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Its not all about growth. When times are hard the averages may stagnate but there is money to be made by consolidating and rigging the markets.
Look at how halliburton gobbles up money that used to pass out to individual contractors directly from the military.
Look at how wal mart gobbles up business that used to belong to local retailers.
Look at how energy companies jack up rates on existing customers.
Look at how companies like enron rigged a fake energy crisis in california.
Duh-bya has been great to his cronies but the little guy and the competition to those favored corporations are the losers.
The average result is a wash but the devil is in the details.
Until the population and commercial development stops growing the total market will always grow along with it. One just has to learn that bubbles and upward movement are not the same thing as a healthy economy.