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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (134469)3/13/2001 12:06:50 AM
From: hmaly  Read Replies (2) | Respond to of 1589246
 
Ted ...Re.. Consumer confidence is worsening because the Naz went thru a major correction, and because the president and his pundits are saying we are in a recession and need a tax cut to get us out.<<<<<<

Consumer confidence has been dropping for 5 months straight. High energy bills, along with a cold winter took $500 billion dollars of discretionary spending out of the consumers pockets for Xmas; which in turn slowed consumer spending, causing layoffs. GW has been president for less than 2 months. Quit trying to blame GW for Bill's slowdown or recession possibly.