Monday, September 29, 2008

7 years

Emptywheel has some numbers:

January 19, 2001: 10,587.59
September 29, 2008: 10,365.45

NASDAQ Jan 19, 2001 = 2770.38
NASDAQ September 29, 2008 = 1983.73

CPI, January 19, 2001: 175
CPI, September 29, 2008: 219

Dollar exchange with Euro, January 19, 2001: 1.068
Dollar exchange with Euro, September 29, 2008: .695


So if you're one of these idiots who has saved for retirement, you would have done better stuffing your money into a mattress, and MUCH better keeping it in a 1% savings account, thanks to George W. Bush and the Ideological Economy.

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