"So where are these jobs? In India? In China? In some backwater hillbilly state where cell-phone coverage is indifferent at best?" "Where all of these so-called 'new jobs' being created?" asked Susan Estrich, a completely apolitical college professor and political strategist who has in her past worked for both parties (the Democrats and the Greens). And sometimes our friends in the media just aren't able to effectively explain the difference to the public, try as they might."Ī completely random survey of a representative cross-section of moderate independent voters - conducted at the Union Square Starbucks right after a Tori Amos "Rock for Vaginal Awareness" concert - found that most Americans had a great deal of anxiety about the coming New Decade of Greed. The former is bad, but the latter is really bad, because sometimes the public mistakenly assumes that a 'Decade of Greed' is actually just a period of wealth-creation and prosperity. Only Democratic Presidents can have a 'Miracle Economy.' With Republican Presidents, it's either Hooverville or a Decade of Greed. "'Recoveries,' 'booms,' 'decades of prosperity' and the like simply do not happen under Republican Presidents. "That is then followed by a 'Miracle Economy When Everyone Gets Rich But It's Okay and Not Greedy At All Because Everyone is Very Progressive-Minded and Thinks Nice Thoughts About Greenpeace So There's No Reason to Feel Guilty About the Homeless Anymore,' and that of course is what we had under Clinton." Reich scoffed at the suggestion that the ecomony was "booming." "The natural, textbook business cycle consists of a 'Decade of Greed' when a Republican President presides over a booming economy, followed by 'the worst triple-dip depression since Herbert Hoover' when a Republican President presides over a recessionary economy," Mr. "It's would be a perversion of the natural business cycle to call this a 'recovery,'" said Robert Reich, the Secretary of Labor under Clinton, and also the answer to the trivia question "What bearded, gnome-like liberal economist is even shorter than Paul Krugman?" And that's just terrible, because, honestly, I've pretty much staked what's left of my reputation on a depression." "All of a sudden, you're going to have businesses turning in big profits and hiring all sorts of new people. "What you have here is the unabashed unleashing of the forces of greed and repression," the diminutive dean said from his Princeton office. Princeton economist Paul Krugman expressed similar misgivings. "And Bush promised to be a 'uniter, not a divider.'" It's positively disgusting for the Republicans to divide son from mother like that." Mr. "That kid is going to have to take that job at Morgan Stanley that he really doesn't want, and he can blame Karl Rove for that. But now- with the economy generating 300,000 jobs per month, I don't know what that kid is going to say to his mother anymore. And when that kid's mom said, 'Hey, why don't you start looking for a job, instead of watching SuperFriends re-runs all day?' he could always say, 'But Ma, look at the economy.' And that was a good excuse. "For two long years, underemployed recent college graduates have been living on their mom's sofa in relative comfort. "For many Americans, this will be a 'Nightmare Economy,'" blustered liberal blogger Brad DeLong. W A S H I N G T O N - Stung by the realization that President Bush will accomplish something never attained during Bill Clinton's "Miracle Economy" - nine months straight of above-4% annualized GDP growth - liberal and progressive economists announced the start of "A New Decade of Greed" which would rival that of Ronald Reagan. FloridaCracker (New Address!!! New Design!!!)īooming Job Market Will Force Many Underemployed Americans to Choose Between Over-Time and Leisure-Time Women, Minorities to be Hardest Hit
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