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

To: Kenneth E. Phillipps who wrote (221792)	1/24/2002 1:40:16 PM
From: nnillionaire	Read Replies (2) \| Respond to of 769670

Kenneth RE: "In the short run, the recession is the key reason for the worsening numbers, though the tax cut's costs are more dominant over the entire decade." From a December 2001 post, but relevant: Manufacturing Down for 16th Month <http://apnews1.iwon.com/article/20011203/D7G5PFD80.html> The nation's manufacturing sector contracted in November for the 16th straight month, though the rate of decline slowed. The Tempe, Ariz.-based National Association of Purchasing Management said Monday that its index of business activity rose to 44.5 in November from 39.8 in October. Analysts had been expecting a reading of 39.0. An index above 50 signifies growth in manufacturing, while a figure below 50 shows contraction President Bush was not in office when this recession started.