PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth V. McNutt who wrote (527872)	1/22/2004 10:32:19 PM
From: Lazarus_Long	Read Replies (1) of 769667

Under Clinton it was 5.75. I'll buy that. Message 19690145 See that 4 1/2% - 4% range from 1998 to 2001. THAT'S what they're trying to sell as "nornal" now. Dizzy Tudor thinks 2%, like Silicon Valley had around that time, is normal. Apparently she has either VERY little experience or VERY poor memory because she's forgotten all those times when valley employment was 8% or 10%. But right now is not bad in terms of unemployment rates in the last 50 years. About average, NOT the disaster the illiterate and innumerate left would have us believe. research.stlouisfed.org Well, it seems the latest budget deficit is pegged at 374 billion dollars. CBO shows 401 billion. And 644 billion on-budget deficit. cbo.gov THis story is only a few hours old. The federal budget deficit this year is expected to approach $500 billion. That's a record, although sustainable in the short term if the economy grows fast enough. csmonitor.com And weren't Republicans the party of fiscal conservatives? Let's see, we're going to fight in Iraq, nation-build there, fund a whole new federal prescription drug program, establish a manned permanent base on the moon, and send a manned mission to Mars. All at the same time. Don't you think there may be a little playing to the galleries going on here?

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