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To: J_F_Shepard who wrote (128692)	3/1/2001 5:41:25 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

JF, A decent argument could be made that that during the 8 year Clinton administration, the goal was to reduce the federal deficit, and that accomplishment helped fuel the equities rally. An equally decent argument could be made that President Bush's plans will eventually expand the federal deficit, and that is the reason for the market decline. I probably don't agree with this, but I'll bet the argument will be made, when the government is no longer collecting revenues that exceed expenditures. I still can't figure out why or when the Democrats became fiscal conservatives and the Republicans became fiscal liberals. It's almost as strange as when AMD, briefly, had the fastest microprocessor. John

To: J_F_Shepard who wrote (128692)	3/1/2001 5:42:07 PM
From: Scumbria	Respond to of 186894

JF, The last eight years were meaningless. All of Bush's failures will be Clinton's fault. Scumbria

To: J_F_Shepard who wrote (128692)	3/1/2001 11:20:13 PM
From: Jim McMannis	Respond to of 186894

RE:"These charts will argue that the past 8 years have been pretty damn good...." The same old argument that the last 8 years have still been pretty good just doesn't hold water. This assumes everyone bought 8 years ago. If they had, the NASDAQ would have been 5k and the DOW 12k, 8 years ago. They hit that a year ago...or more in the case of the DOW. A lot of people got in in the last couple of years and are underwater big time. To them, the Clinton mystique is a joke...and it is. Jim