Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: Lazarus_Long who wrote (21481)	6/18/2003 6:05:02 PM
From: TigerPaw	Read Replies (1) of 93284

It's not the case that the cost of imports is going up. That's because economic activity is falling cutting demand. That's the depression. quote.bloomberg.com <font color=purple>U.S. Treasuries rose in New York trading amid speculation a government report today will show consumer prices fell for a second month in May, boosting the value of fixed-income securities. The Fed is ``fearful of low or negative inflation over time, which they see as hampering growth efforts,'' said Stephen Gallagher, chief economist at Societe Generale in New York. ``If prices are very weak or on a continued declining path, it has negative implications for growth and demand going forward.'' </font> TP

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