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Politics : Politics for Pros- moderated

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To: Michelino who wrote (1964)6/7/2003 3:23:48 AM
From: Nadine Carroll  Read Replies (1) of 793964
 
As for this wounded metaphor that masquerades as a paraphrase:"You believe that Al Gore can make trees grow to the sky? "

Perhaps you have never heard the old stock market saying, "trees don't grow to the sky," meaning, when a stock becomes ridiculously overvalued in a burst of enthusiasm, the bust will come and return it to some better semblance of value. Trees growing to the sky described all of Nasdaq and most of the S&P 500 in March 2000. As a wise man once said, if a trend is unsustainable, it will stop. No matter who becomes President.

As for the market 'forseeing' a Bush victory, hoo boy, now you are reaching! People forsaw a Gore victory back then, he had eight years of peace and prosperity to run on, remember? If he wasn't such a bad candidate, he would be President now. Anyway, why should the prospect of a Bush victory have disturbed the market even if they had forseen it? I thought the market liked Republicans.

... I'm positive that the U.S. economy what be in better shape today even only by subtraction. The Clinton/Gore commitment to the economy was all about reducing deficits. We need more years of that type of vision, not less.

True, he did reduce deficits, though largely because of the capital gains revenues during the boom. He also failed to stop Osama bin Laden when he could have, and thus must assume some responsibility the costs of the War on Terror, including the costs of having lower Manhattan bombed. You win some, you lose some.
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