Wednesday, January 23, 2008

It's The Economy, Stupid!


"The gain of one, the loss of another. "

Hahahahaha while stocks plunge worldwide, lesser Pinoys are rating themselves to be poor (from 52% to 46%). While more exporters are earning lesser, more Pinoys are travelling off the country.

Hooray for $1=P40! (the best Asian recovery since the Asian financial crisis and is going for P38)

it wont be all bonus. of course! there too would be a boomerang effect on us, especially having a government often tagged by most of its citizens to be idle. But dah! U.S. economy managed to survive every recession since 1940 even before the government's anti-recession programs were implemented. Swear! Remember Adam Smith's the "invisible hand"? "it's the economy, stupid!", adds the comeback kid Bill Clinton.

O well, good times are always here. We just overlooked them.

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