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Politics : PRESIDENT GEORGE W. BUSH
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To: rich4eagle who wrote (131667)3/13/2001 9:08:30 PM
From: Little Joe  Read Replies (2) of 769667
 
Rich:

"perception is reality"

Only in politics and certainly not in economics. Anyone following the economy knew this was coming by early 2001, if not before. The plain fact is Bush can talk forever, and this will not change the economy. The reality is that the economy is millions of people making millions of decisions everyday. When I make a decision in my business, I don't worry about what the President thinks. I need to assess e.g Should I expand and what are the consequences if I am wrong. This requires a very special knowledge of my own business. If sales are up and things are going well I most likely will, If sales are down I won't. The reason people are perceiving that the economy is weakening is that it is. They are perceiving reality.

Little joe
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