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Politics : PRESIDENT GEORGE W. BUSH
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To: goldworldnet who wrote (159345)7/10/2001 1:21:32 PM
From: TigerPaw  Read Replies (1) of 769670
 
economic cycles

You make it sound so predictable. There have been several shocks to the economy in the years of the Clinton administration. None of those shocks destroyed it because the country and the market will still being led toward a new information rich future.

Bush's emphasis on energy and tobacco and other interest groups knocked the future out of the future. That is why we get a recession and not just another ebb and flow of the growing new economy. The Bush / Cheney throwaway of the surplus did not help much either.

TP
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