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Politics : PRESIDENT GEORGE W. BUSH
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To: Peter Dierks who wrote (696443)8/12/2005 12:43:20 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
I have seen some calculations that indicate that the greatest stimulative impacts on the national economy over the past few years have been (in order): 1) Fed-engineered liquidity 2) Housing (refis, etc.) 3) Defense spending increases 4) national tax policy changes.

Note however, that a nation cannot borrow it's way to growth *forever*.
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