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Politics : PRESIDENT GEORGE W. BUSH
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To: Thomas A Watson who wrote (173564)8/22/2001 4:13:47 PM
From: ColtonGang  Read Replies (1) of 769670
 
Can you spell r-e-c-e-s-s-i-o-n-.......Fed unable to budge USA from economic quagmire

By George Hager and Dina Temple-Raston, USA TODAY

So where's the recovery?

The high interest rates and elevated energy prices that were holding the economy back last winter have fallen dramatically, and an aggressive tax-rebate program has been flooding consumers with cash for a month now, with more to come.

So far, though, there's little sign that the worst slump in a decade is letting up. Economists have abandoned earlier predictions that the economy would snap back quickly from last winter's abrupt slowdown, and even most of the optimists now say we're in for at least several more months of sluggishness. Look for a rebound, they say, sometime this winter. Maybe........Maybe Bush should resign and let someone run the govt who knows how!
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