Article here by N. Gregory Mankiw.
He says he supported Bush over Gore b/c Bush would have invested Social Security money in the stock market, earning a higher return...
Termites in Your Cabinet
11 hours ago
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And how has that been working out? ;) Out of curiosity, I checked out the Dow Jones Industrial Average. It has only lost on average, 0.25% per year since the inauguration of Bush II.
ReplyDelete@Min-
ReplyDeleteThe truly funny part is that the evil, satanic, horrifying, toxic US debt(i.e., Treasuries) did far better than stocks.
The ironies never end.