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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (297125)9/16/2002 12:53:12 PM
From: MSI  Read Replies (1) of 769667
 
Well, since he's off by $2-1/2 trillion on the national debt I guess that doesn't bode well for his comment dismissing inflation. We'll have another one of the Reagan/Bush recessions followed by stagflation after 2004, where everyone has to jump thru hoops just to stay in business.

Lindsey dismissed the economic consequences of such spending, saying it would not have an appreciable effect on interest rates or add much to the federal debt, which is already about $3.6 trillion, the Journal reported.
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