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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject8/22/2003 11:09:40 AM
From: Kenneth E. Phillipps  Read Replies (5) of 769670
 
"The "Bush Push" will cause the stock market to go up (temporarily), the economy to get better (temporarily), put more money in people's pockets (temporarily) and everything will be okay (temporarily).

Later on Mr. Bush and the American people who most probably will re-elect him, will however pay a hefty price for this over stimulus.

The wide trade deficit, low savings rate and high debt levels will return to become reasons for concern and will result in a lower US dollar, weaker equity markets and investors switching back into bonds."

financeasia.com
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