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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Les H who wrote (41249)4/1/1999 3:20:00 PM
From: Neocon  Read Replies (1) of 67261
 
NEW YORK (Reuters) - Basking in eight years of robust growth, the U.S. economy rode into the second quarter of 1999 on another wave of strong economic statistics, confirming that its winning streak is far from over.

American consumers, already instrumental in helping the economy grow 3.9 percent last year, showed no signs of closing their purses in early 1999 and are expected to keep factories humming this year.

``There are not a whole lot of worrying signs right now,'' said Morgan Stanley Dean Witter economist David Greenlaw, adding that while economists had been expecting the red-hot economy to slow for some time ``that is just not happening.''------

Even the modest deregulation and tax relief of the '80s continues to pay off...
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