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Politics : Foreign Affairs Discussion Group

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To: michael97123 who wrote (158363)	2/22/2005 12:17:22 PM
From: jttmab	Read Replies (1) of 281500

, if a democrat had been president and then some republicans would be taking your current position. I have no doubt that is true. But that doesn't change my overall opinion that the Executive has little impact on the economy whether it's a Democrat or a Republican. And while there were a lot of good economic things that happened during the Clinton Administration, they had little to do with the Executive. All of what you say may be true but without the deficit spending/tax cut/low interest rage regimen, none of the good things would have happened. I specifically brought up the interest rate aspect, because the Executive has absolutely nothing to do with setting interest rates. That's the Fed [Greenspan]. And I think you can thank Greenspan for lowering the interest rates and I think you can throw stones at Greenspan for raising interest rates in the late 1990's to head off non-existent inflation. Other than that, all you've done is repeat your claim that it was Bush and you can't support it in any way. And if you repeat it a third or fourth or fifth time...it still doesn't make it true. jttmab

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