Reply #12: Saying That Many Workers are Getting Screwed

[On the Road]

is not the same as saying the whole economy is in shambles.

Your reply is so full of derisive terms that it's difficult to understand your points. Did I understand you to be saying that every economy since the 1920s has been based on financial manipulation? That hardly seems possible over that long a period of time.

An example is: take the effects of NAFTA. It's been about 15 year, and Ross Perot's giant sucking sound never materialized. There is plenty of employment -- the problem is that many of the jobs are not well compensated enough. To address that you adopt different policies (sometimes oppposite policies) from those that would help an economy that's in bad shape.

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As far as new models go, the old ones obviously don't account for the current situation. So that suggests new ones. I don't know what they are.

I didn't buy into the Dow 38,000 philosophy, the "real estate can go up forever" philosophy, and I'm not buying into the "the bull market on gold is only starting" philosophy. Or the commodities bubble, for that matter.

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As far as the foreign investment chart, I spent some time looking for those numbers and this is the clearest I could find. Please post more recent information if you think it shows a different trend.