Eye Of The Recession Hurricane Is Near

iVillage Member
Registered: 10-18-2008
Eye Of The Recession Hurricane Is Near
18
Fri, 11-07-2008 - 3:54pm

Well I'll be laid off in a matter of weeks. Anybody else feeling it, yet?

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iVillage Member
Registered: 11-07-2008
Fri, 11-07-2008 - 5:00pm

I feel for those feeling the pinch.

iVillage Member
Registered: 03-25-2007
Fri, 11-07-2008 - 5:02pm
You too?

Sopal

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iVillage Member
Registered: 10-18-2008
Fri, 11-07-2008 - 6:35pm
Thanks Sopal, I appreciate that. I think I'll be okay this time around
iVillage Member
Registered: 10-18-2008
Fri, 11-07-2008 - 6:43pm

Trust me, I don't have any problem working

iVillage Member
Registered: 04-03-2003
Fri, 11-07-2008 - 6:47pm

Appreciate that.

iVillage Member
Registered: 03-19-2003
Fri, 11-07-2008 - 7:05pm

we also think money grows on trees and the tooth fairy is real.


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iVillage Member
Registered: 10-18-2008
Fri, 11-07-2008 - 7:56pm

we also think money grows on trees and the tooth fairy is real.


No doubt.




Cheney to Treasury: "Deficits don't matter"

Former Treasury Secretary Paul O'Neill was told "deficits don't matter" when he warned of a looming fiscal crisis.


O'Neill, fired in a shakeup of Bush's economic team in December 2002, raised objections to a new round of tax cuts and said the president balked at his more aggressive plan to combat corporate crime after a string of accounting scandals because of opposition from "the corporate crowd," a key constituency.

O'Neill said he tried to warn Vice President Dick Cheney that growing budget deficits-expected to top $500 billion this fiscal year alone-posed a threat to the economy. Cheney cut him off. "You know, Paul, Reagan proved deficits don't matter," he said, according to excerpts. Cheney continued: "We won the midterms (congressional elections). This is our due." A month later, Cheney told the Treasury secretary he was fired.

The vice president's office had no immediate comment, but John Snow, who replaced O'Neill, insisted that deficits "do matter" to the administration.
Source: Adam Entous, Reuters, on AOL News Jan 11, 2004 http://www.ontheissues.org/2004/Dick_Cheney_Budget_+_Economy.htm

iVillage Member
Registered: 07-03-2008
Sat, 11-08-2008 - 9:29am
I really think that the Republicans have had a "Devil may Care" attitude these last 8 years. They were going to do what they wanted, when they wanted with no regard to any consequences that would be forthcoming. They were warned, advised, on many issues and it they didn't fit their agenda they were discounted. They were shown both sides of the coin on Iraq, they choose to go to WAR, they were completely WRONG 100%. Now we and the economy suffers for their missdoings. They never can admit they are wrong on anything, they are incapable of doing so. They play the BLAME GAME.

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