Dave, the policies aren't the real issue here. Honesty, decency, and integrity are. The economy has ran on auto pilot for 8 years. That wasn't the work of Clinton. He just happened to have great timing. The technology revolution created the wealth in this country.
Nothing has been done about health care, or schools for 8 years. Health Care is in THE worst shape it's ever been. (8 years professional experience in the business) And nothing will be done, for another 8 years. It's the same BS rhetoric that wins every election when the stock market is basing. The American people do not want to fix something that's not broken.
I would say so far this year, that things are broken. I would say the increase in interest rates, energy prices that have soared this year, and a market decline has definitely put a dent in the so called PROSperity, that Gore continues to speak of.
If the markets continue to base, then the American people who voted for Gore, will only get fed up and want him out. Economies win elections, not character. That's why this race is so close, due to the economy is slowing. If this trend continues, which I fully expect it too, the Gore faithful, who believes that their wealth will continue to prosper, will only see their wealth base over the long run. This will only frustrate and confuse the voters, and Gore will take more heat than he could, or would ever expect. Mainly because, Clinton never took much heat from the American people, due to the wealth effect of the stock market.
Gore will have some serious spinning to do, come next year if the markets don't respond in a positive manner. Especially if Bush wins the popular vote
BTW...pharmaceuticals, tobaccos, and MSFT will sell-off like there's no tomorrow.
KM |
