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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: yard_man who wrote (3428)12/15/2003 6:47:21 PM
From: mishedlo  Read Replies (1) of 110194
 
Bush Down Plays Need for Plan on Deficit
biz.yahoo.com

When asked about the U.S. dollar's fall in value and market concerns about the deficit, Bush said: "We certainly need to send a signal to the capital markets that we're going to maintain spending discipline."

But he offered no specifics

Asked if a more specific plan was needed, he told reporters: "We do have a plan."

As he did last week as the U.S. currency touched record lows, Bush said: "We fully expect markets to set the dollar. But we have a strong dollar policy, which is, in our judgment, good for the economic vitality of this country."
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LMAO

Mish
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