nosedive
Tuesday, April 08, 2003

So when is the last time you heard the word "nosedive" used in reference to the US economy?

This is not good. In fact, it is BAD.

I was particularly heartened by this confident passage:

"Fed officials have indicated that their battle plan has been influenced heavily by reviewing the mistakes made by the Bank of Japan, which has been unable to jump-start that country's economy over a decade despite driving short-term interest rates to zero."

Isn't that just nifty. Maybe we should also build ourselves a giant, sinking airport while we're at it.

Will Iraqi oil be enough to get us out of this mess?

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"We must not confuse dissent with disloyalty. When the loyal opposition dies, I think the soul of America dies with it."

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