Bernanke: ""I fully expect the nation's housing market to experience a soft landing ...... er, except in CA, MA, FL and parts of NY and DC .... boy it's gonna be a trainwreck in those areas. Go long cardboard boxes".
more laugher Reuters headlines
U.S. can grow its way out of deficits-Bush aide Thu May 18, 2006 2:21 PM ET
WASHINGTON, May 18 (Reuters) - Top White House economist Edward Lazear predicted on Thursday that the United States would be able to grow its way out of its fiscal deficits.
"My view is that in fact the evidence is that we are growing our way out of the deficit," Lazear told a tax forum.
RE: He is telling the truth cp25
NEW 5/18/2006 1:28:39 PM Post Your Reply
When inflation equals growth, you can "grow your way out."
Some punches are so telegraphed you would be a fool not to duck. This is one of them.