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Old 09-01-2010, 01:19 PM   #10977
tyketime
College Benchwarmer
 
Join Date: Nov 2003
Quote:
Originally Posted by AENeuman View Post
I agree the frustration and disappointment. But I am still not convinced of the one term thing. If the economy improves (more or less unemployment significantly down) i do not see how he can lose. from what i hear most say the economy will improve somewhat sometime next year. Which means, if it continues, by 2012 campaign he will have a lot to gloat about.

I guess it will be up to the spinmeisters (as usual). I don't think economy will recover for 5 or more years. So then it will be a game of statistics:

If you started with $100, and it is now down to $60, you've had a 40% drop.

If in the next two years your nest egg goes up to $72... well then you can be sure someone will take credit that it has gone up 20% in the past two years (neglecting the fact you are still down 28% overall).

And as for unemployment, what does "significantly down" mean?

And as long as we are still down overall, I better not hear any gloating!

Last edited by tyketime : 09-01-2010 at 01:21 PM.
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