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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (83334)	8/27/2000 11:52:09 AM
From: Rarebird	Respond to of 132070

<The political pendulum has swung too far to the left> Clinton's economic policies have supported this bull market and have been in large part very market friendly. Wall Street may have been scared stiff of Clinton when he first got elected in 92; but he has done all the right things, economically speaking, to support the equity market. It would be nice, of course, if he signed that bill increasing IRA contributions to $5,000 a year, which he basically supports in principle, but is presently playing politics with. He just wants a little more money to spend for his favorite programs, like Education, before he signs the bill. Clinton hasn't aligned himself with the trade unions at all. He has been a free spirited tough as nails Powerhouse of a President who has fanatically supported free trade, new emerging technologies and entrepreneurship. Clinton is more pro business than the whole Republican Party. He has reinstituted full tax deductions(phased in over a period of time) for medical expenses for all Entrepreneurs- something that Reagan and Bush took away and which caused the whole backlash against the medical profession. The Republican Party has been taking massive campaign contributions from special interest groups like the "Moral Majority" for the past 20 years. I think it is time that the Republican Party became aware of the fact that over 75% of the American Population does not like the "Moral Majority" and what it stands for. Bush will lose a number of people who would otherwise vote for him because of his pandering there, enough to lose the election. The Republican Party should try taking a more moderate stance on social issues. Then they will have a much better shot at winning the next election in 2004. The bottom line here is that if the stock market rallies into the election, Gore is winning because most Americans won't want to rock the boat. It has been a good 8 years under Clinton.