Blog on the Run: Reloaded

Thursday, November 3, 2011 8:27 pm

Quote of the Day …

Filed under: I want my money back. — Lex @ 8:27 pm
Tags: , , ,

… from Sir Charles at Cogitamus:


[Tuesday] the S&P 500 — the measure of broad large capitalization stocks in the United States — closed at 1219.  On January 1, 1999, it closed at 1229.  When people talk of an impending lost decade, they are missing the fact that we have already had one.

I’m pretty sure the 18% un- or under-employed haven’t missed a thing. (Which, to be fair, is part of Sir Charles’s point.)

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