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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (94603)11/29/2000 6:07:09 PM
From: Kenneth E. Phillipps  Respond to of 769670
 
Yeah, this is interesting but I can't help wonder what happens when the real problems arrive. Clinton was not ready when he arrived in Washington and neither is Bush. Looks like there will be some real problems. Don't expect Greenspan to look favorably on any tax cut to stimulate the economy. If they cut taxes, Greenspan will raise interest rates. When the economy starts slowing, gradual interest rate cuts will not turn it around. Expect an increase in unemployment. Growth rates will appear anemic when compared to the Clinton years. A Republican President and Republican Congress will get the blame just like a Democrat President and Democrat Congress got the blame in 1994.