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Technology Stocks : Intel Corporation (INTC)
INTC 39.44-2.7%9:42 AM EST

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To: JDN who wrote (57551)6/8/1998 10:20:00 PM
From: exhon2004  Read Replies (2) of 186894
 
JDN:

Re <<This would NEVER have happened if Bush were at the helm.>>

Let me paint a silver lining around this cloud if I may:

The economic recovery was already picking up steam when the Clintonistas first assumed power. Part of this was due to the peace dividend that was brought on after the republicans won the cold war, (in spite of the demo's best efforts to throw the game). Intellectual resources were re-allocated in the economy and produced non-military products that were globally competetive.

It is companies like Intel, Cisco and Microsoft that have propelled this renewed U.S. competetiveness. However, the democrats have become smug and complacent and believe it is their policies that are responsible for the relatively good economic times we are in right now.

So, and this gets to the silver lining part, the economy slows down partly due to government meddling but probably more due to other factors such as diversion of value-added technology investment such as improved computers and computer networks to non value-added investments like Y2K fixes. Anyway, the economy slows, the democrats get the boot, recovery of post Y2K IT spending and the resulting productivity boost to the economy ensures 8 years of republican administration.

I even have a slogan for the next election:

"It's the GLOBAL economy STUPID".

Best Regards,

Greg Gimelli

PS: I lean more toward anarchy than republicanism, but see the republicans as a lesser evil.(gg)
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