Quote:
Originally posted by Mmmm, Burger (C.J.)
The problem with the figures is that they don't seem to explain what portion of that decline is due to two things:
1) Lower value of stock options
2) Decreased capital gains income, both from fewer increased-value stocks and losses (starting in April 2000) used to offset gains.
If nothing else, it goes to show how much of a bubble was created during the Clinton years.
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As predicted, the response doesn't account for the fact that there wasn't even a one-year decline -- let alone a two-year decline -- after the '87 crash.
