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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: John Trader who wrote (51173)8/27/2001 1:10:31 PM
From: michael97123  Respond to of 70976
 
John,
Bush needs a successful turn up in the economy to get that second term. That could come as late as 2003 and 2004 for the Presidential race. However he stands to lose congress next year big time if they dont get it moving now. I believe that to do this, Bush and Greenspan may take extraordinary actions, apart from taxes and interest rates to make this happen. I think the fall of the dollar is one of those steps. I just am not informed enough to understand what a weaker dollar provides net net plus. I believe deflation, not inflation is the major problem. Any economists in the house? mike