Originally Posted by DJ's left nut
This really is 2004 to a T, just with roles reversed.
I remember walking through the halls at Hulston with people absolutely beside themselves over the L. "People are just too stupid to get what we are saying". "How do people not see this guy for what he is?", "I hope we even have a country left to rebuild in 4 years" blah blah blah. The narratives were exactly the same.
That's precisely my point - people are still people. The fact that they have different ideas doesn't fundamentally alter their nature or their character. I know we are in a fairly poisonous political climate that tries to suggest otherwise, but it's really funny to look at this and compare it to 2004.
I'm really startled at how perfectly mirrored the respective reactions are.
Except in 2004, the debt didnt exceed GDP and the Fed wasn't funding our debt by printing money. But yeah, other than that, everything else is the same.