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Politics : PRESIDENT GEORGE W. BUSH

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To: Neocon who wrote (435260)7/29/2003 12:53:58 PM
From: DuckTapeSunroof  Read Replies (1) of 769667
 
"If the employment numbers were inflated by the speculative growth of the tech sector, they were doomed to be lost anyway."

>>> Really? 'Doomed'? Technology is accounting for larger and larger slices of the American economy. This is a long-term trend that - aside from cyclical corrections - is unlikely to reverse.

>>> You don't think there is much prospect for significant job growth in American heavy manufacturing do you? Or that services can ever account for the entire economy?

"The Republican Congress held his feet to the fire on deficit reduction."

>>> That's correct... although there was just enough bipartisan support for fiscal prudence after the Reagan/Bush deficit years to start to roll-back some of the unsustainable excesses. So I ask: where are these fiscally prudent 'Republicans' now?

"And he increased pressures on state governments through unfunded mandates,"

>>> True... but nowhere near the magnitude of the present administration's plans.

>>> The increase in unfunded mandates is a real and continuing problem.

"so I would be curious about the total size of government, not just federal......."

>>> Good question.
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