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Politics : PRESIDENT GEORGE W. BUSH
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To: jlallen who wrote (151641)6/8/2001 3:52:39 PM
From: Scumbria  Read Replies (1) of 769670
 
JL,

The Fed raised interest rates about a dozen times to slow the economy down. Do you really believe that it could have grown any faster with Greenspan in control of the Fed?

A large tax cut would have been inflationary, and driven interest rates up.

Scumbria
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