PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Ish who wrote (140980)	4/27/2001 7:10:09 PM
From: Scumbria	Read Replies (1) of 769667

Ish, I doubt he will get away with it. The media whores are already on their knees and can't get too much lower. It reinforced the impression that the world's No. 1 economy, while growing more slowly, will escape recession and suggested the Federal Reserve (news - web sites)'s four steep rate cuts this year were keeping consumer spending buoyant. ``We are looking for evidence the economy is bottoming and starting to improve, and reports like this indicate we are not in a recession and probably not going to be in a recession,'' said John Forelli, senior vice president at Independence Investment Associates Inc., which oversees $20 billion. ``The Fed has acted quickly enough with interest-rate cuts.'' dailynews.yahoo.com Scumbria

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