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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST
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To: Jacob Snyder who wrote (51719)9/8/2001 12:25:32 PM
From: michael97123  Read Replies (1) of 70976
 
" I got slightly nauseated, listening to the Shrub's "I feel your pain but it's not my fault" speech."

Jacob,
Just saw it again this morning on the news. He is a sniveler. And I buy into Jerome's thesis that he helped tank the market at the end of the day. It really is too late to blame this on Clinton and expect the American people to buy it, even if there is some merit in it.
Question for the thread If it wasnt an election year and clinton stayed on as president(with no more babes under the desk) would the economy and or markets be in the same sorry condition?

My vote is that the economy would be in pretty much the same shape but the naz would be about 700 points higher with the dow at 11K. Yestedays news would have been recognized correctly as the last gasp of the bear. We should be expecting and wecoming bad employment news for the next couple of months as the economy recovers. Picture a lean and mean company with increasing sales and productivity.
But with sorry National leadership, media predictions of doom may become a self fulfilling prophecy. Bush has left the entire job to Greenspan of fixing this economy with his slithery call for balancing the budget(not violating the lockbox) and the rumors of limited tax cut repeal. Fiscal policy should be the exact opposite. Simple, americans want growth and understand in bad times you sometimes even the government may have to borrow. mike
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