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Politics : PRESIDENT GEORGE W. BUSH

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To: Oeconomicus who wrote (512825)12/19/2003 11:51:53 AM
From: American Spirit  Read Replies (3) of 769667
 
Massive debt spending + record deficits + war + millions of jobs lost does not a healthy economy make. In the short term you'll get a "sugar high" stimulus, but unless you create millions of jobs and new tax-payers with all that spending the government is sliding toward insolvency. If not for low interest rates this economy would be in terrible trouble. As it is, it's only going well at the top for the investor class. The corporations are starting to profit again but few of them are hiring. Down-sizing permanently.
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