Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (4172)	8/8/2002 12:18:24 PM
From: mt_mike	Read Replies (2) of 89467

Jim, you are 100% correct about the strong dollar. Rubin and AG orchestrated the great transfer of wealth to CEOs and investment banks. I am getting really sick of Democrats going on TV blaming this recession on Bush. Especially that bitch Hillary. How come no one has the sense to point out the destruction caused by the strong dollar and easy money policy of the 90s. On the other hand, the Republicans need to stop the irrsponsible spending and cut the size of the government by half and then implement some more tax cuts. It would also be nice if some economists got a clue and could explain to the public why this is not the 1992 recession and why we need time to work off the excesses of the 90s rather than reckless interest rate custs and government programs to pump up the economy. I am beginning to think that instead of a big flush we are heading towards stagflation and a slow grind down in the stock market. I think there is just too much money in stocks via retirement plans to ever cause a big crash. Who knows, I could be wrong.

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