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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.990.0%Dec 26 9:30 AM EST
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To: niceguy767 who wrote (50162)8/8/2001 12:58:05 AM
From: dale_laroyRead Replies (2) of 275872
 
>sluggish economy for 10 years<

Won't happen. The root cause of the current sluggish economy is Greenspan deliberately inducing a recession just prior to the election in order to get the Democrats out of the Presidency. What he failed to consider is that the average Joe remembers the recession of the Bush Sr. administration and, expecting more of the same from Bush Jr. are maintaining the recession with their pessimism. If this recession lasts through the next election, the Democrats will retake the Presidency, and the optimism that this generates will result in an ecomomic recovery. Of course, this recovery would also occur with a Repubilcan President other than Bush Jr., but it is unlikely that the Republicans will offer us this alternative.
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