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Politics : PRESIDENT GEORGE W. BUSH

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To: Zoltan! who wrote (121032)1/4/2001 9:10:26 PM
From: Patricia Trinchero  Read Replies (1) of 769667
 
Greenspan has been clear that he does not support Bush's tax cut plan........he favors using the money to pay down the national debt. Greenspan's relationship with Bush Sr. was very cool and it appears that his son will not show any increased respect for the Fed Chairman.

Bush said last night that his tax cut will still be necessary and that the reduced interest rates will help the economy in tandem with those cuts!!!! The market dropped even after such a great rate reduction!!!!!!!!!! Look out folks.......we're in for a rough four years!!!!! Greenspan clearly lowered rates to ward off the need for an inflationary tax cut.

I think that the reduced national spending we are seeing in retail sales is indicative of the nations trust in Bush's ability to lead.......not!!!!!! Afterall.......most Americans didn't vote for the clown bush.
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