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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (205837)10/8/2004 6:27:35 PM
From: tejek  Read Replies (1) of 1576613
 
RE:"But when Bush is around, surpluses seem to evaporate. It just seems an odd coincidence that right after Bush got elected president, the budget surplus that Texas had, vanished. And then the same thing happened at the federal level."

About 9 months after Bush was elected, the Clinton bubble burst. Stock market tanked. Dot.com lay offs (heck, if you could breathe you got a high paying job).

Housing market kicked in full force. We went from a revenue generator for the governmnet to a non revenue generator(R.E). Despite AG lowering rates, only R.E. benefited...no revenue for the government there.


And then Bush cut revenues and started a war. We know the drill jimbo.

Its the economy, stupid!
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