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Politics : PRESIDENT GEORGE W. BUSH
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To: Mr. Whist who wrote (199499)11/3/2001 10:47:39 AM
From: JDN  Read Replies (1) of 769670
 
Dear Flapjack: First off GWB did in fact inherit an economy already sinking long before he took office. I first noticed it about May of 2,000 though I understand it officially started in April. Secondly, our newspaper just this morning printed an article in which economists studied BOTH plans. they came to the conclusion that likely neither will turn the tide very soon. So, if you say you have no confidence in either party to end it you may be correct but to say this Administration is incorrect. Personally, I have always said economic cycles come and go like the tide and are more powerful then any politicians and their puny attempts to control it. I think the Fed Chairman made matters worse when he failed to see what was happening in time, now we just got to ride it out. JDN
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