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

To: Scumbria who wrote (142530)	5/4/2001 1:28:54 PM
From: DMaA	Read Replies (1) \| Respond to of 769670

Again you are so wrong. 3-4% is the rate GDP can grow ( in the opinion of the Fed Board ) without igniting inflation in the current tax and regulatory environment. Fix the tax rate problem, free capital, reign in the bureaucrats, and there's no reason we can't have 5%,6%, 10% growth rates, inflation free For most of the last 5 years, the economy has been growing as quickly as the Fed will allow (3-4%). It doesn't make any sense to try to grow faster than that, because it will cause inflation and higher interest rates, and the Fed will force growth back to 4% anyway.