NOWHEREMAN

5 Stocks to Buy if Obama Wins

KK, please do some research of your own. During the Tech Bubble companies were spending on facilities they thought they would need 2 years down the road and hiring workers they would need 2 years down the road. Colleges courses that fed students everything internet related were the rage, recruiters were on every campus in the nation looking for talent. (Remember Silicon Valley?) These were very high paying jobs which required very little experience because the Sector was still in the process of development.

The recovery was slow because We were not the generator, we were/are the recipient of externally generated Global growth. As a Service center economy, our contribution was virtually nil until the commodity sector started rolling and long dormant manufacturing sectors came to life. Unfortunately, because they held little promise, workers trained in the various sectors which were growing explosively had to be trained from scratch. Untrained employees Do Not receive High Paying Jobs (except in Congress on Both sides of the Aisle). Meanwhile millions of illegals were swarming across the border to take what lower paying jobs were available, combine the 2, stagnant pay.

Both sides of the Aisle were pushing Home ownership, Both helped with mandates to Frannie to accomodate the surge and the supposedly independent Fed looked the other way as more and more esotheric methods were found to fuel that growth. When they stopped fighting deflation and increased interest rates, they overshot. Greenspan warned Bernanke but the great inexperienced Academic ignored him. The Housing bubble is still in the unravelling stage. Blame will be laid everywhere when its finally over. But its not over yet.

Instead of thinking, try reading. There are dozens of books on the rise and demise of the Internet Bubble.

Better yet, Gore Invented the Internet, lets blame him for its demise.

5 Stocks to Buy if Obama Wins

Clinton's reign included the Biggest Bubble in Nasdaq history. Millions of people lost Billions. All he was concerned about were the tax dollars coming into the Gov's coffers rather than if the Public was being Mislead.