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Everyone is in denial about something. [ cd musicpromotion ...reply just cd musicpromotion to this | comment on the story... | next cd musicpromotion new ] 13. Re: It's just a correction. by Catch22 at Wed 31 Aug 9:20amscore of 1 in reply to comment 6 Actually, the DJII and the S&P500 are lower now than when W 1st took office. Over the last 5 years the Dow Jones Industrial Avergage is down approximately 5%, S&P500 down roughly 20% and Nasdaq down roughly 45%. Given a historical norm of roughly 10% per year, that compares with a very rough norm of 60% increase. Of course, thats only with reference to capital gains and when you sell, and not as much dividends rents and interest. Likewise there has been a large shift from future generations to the wealthy today via tax cuts and deficit spending. While captal gains isnt a leading mechanism, the wealth production has tended to go to the wealthy. Bush:"See, in my line of work you got to keep repeating things over & over & over...to
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