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


To: hdl who wrote (116111)12/14/2000 5:16:25 PM
From: jlallen  Read Replies (1) | Respond to of 769670
 
Generally, I think there is little a President is responsible for whe it comes to economy absent huge tax increases sponsored by the Admin, stc. . Clinton's worst impulses as far as taxing and spending were somewhat held in check by the Repub. Congress. He did keep Greenspan in place. That's about as much praise as he deserves but I think generally he deserves little blame as well. JLA



To: hdl who wrote (116111)12/14/2000 8:00:45 PM
From: zonkie  Read Replies (1) | Respond to of 769670
 
It's an accepted fact that one of the reasons that the stock market has been so good is because of the cooperation between Clinton and Gore. I think they both went too far this last time by ordering at least one raise in interest rates too many.

One of the benefits that Bush will bring us as far as the stock market is concerned is that Greenspan has been worried that the unemployment rate is too low and therefore being more inclined towards raising rates. Bush will take care of that little problem if he is able to. Big business wants the unemployment rate to go up.

Then if unemployment gets high enough he may be able to push his tax cuts for the rich through too.