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Politics : Foreign Affairs Discussion Group

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To: michael97123 who wrote (101939)	6/18/2003 11:16:27 AM
From: Neocon	Read Replies (1) of 281500

You may be right about the revised figures for wars, I am not sure. Even if so, no bellicose propensity is discernible in Republicans, historically. The recovery is anemic, but seems to have been on track for awhile. You are right, productivity gains account for some of it. Some of it is the practical and psychological affects of the nominal loss of wealth, after people suffered a nose dive in their portfolios. I know for myself that I had counted on drawing on investments around now, and that I was loathe to do so until I had recovered lost ground. This has not stopped all spending, but it has made me more budget conscience than I might have been. The current recovery in the market will do a great deal to increase consumption and new jobs.......

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