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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:21:22 AM
From: Ted Downs  Read Replies (2) of 769670
 
Zoltan has just admitted we are not in a recession. He wants us to speculate we are headed into a recession when there is no good evidence for that proposition

Interest rates are up, homes starts down , fuel costs up, auto sales down, retail sales down, stock market down, and I'd say Zoltan pointed out the direction of the economy very accurately. Duh
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