Wednesday, November 30, 2005

The Economy is Great, Women and Minorities Hurt Most

The New York Times has finally discovered that the US economy is booming.

"By most measures, the economy appears to be doing fine. No, scratch that, it appears to be booming."

But, this is the New York Times and we have a Republican president, so there are alway dark clouds looming.

Many analysts, including Mr. Shapiro, say a housing slowdown is already under way. Along with rising interest rates and anemic job growth, any such drop-off could sap the economy next year - by just how much is still subject to debate.

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