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

To: DOUG H who wrote (267892)	6/28/2002 12:52:12 AM
From: Doug R	Respond to of 769667

The biggest surge in defense spending since 1967 following the Sept. 11 attacks also helped push up GDP growth during the quarter.

To: DOUG H who wrote (267892)	6/28/2002 1:08:30 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 769667

Doug, You astonish me with your naivete. Are you familiar with the concept of hedonics? That my friend explains a lot of the illusory gain in GDP that you so breathless spread in your hopes that this blatant propaganda is actually real. While in your heart, you know the statisticians have all been paid off to lie. Here's some good reading: opinionjournal.com BTW, Allen Greenspan understands the game. He uses some private sector econometricians in Pennslyvania to tell him what is going on with the economy. He's not nearly foolish enough to begin to believe government statistics. Our government's stats are beginning to rival those of the USSR in the 1970's, when they were telling the "BIG LIE"(SM), a hallmark of totalitarian administrations and a favorite technique of the Bush Putsch prevaricators to fool an old fool like you.... Cheerio, Ray

To: DOUG H who wrote (267892)	6/28/2002 10:04:37 AM
From: TigerPaw	Read Replies (1) \| Respond to of 769667

I would love to see some economic growth before all my holdings wind up in bankrupcy court. The only problem is that the consumer expansions seem to have run out of steam. The rest of the GDP expansion comes from borrow and spend military projects. Consumers, who fuel about two-thirds of the overall economy, pulled back a bit in May. money.cnn.com Consumers are not likely to rush back to the stores while job losses continue. Motorola to Cut 7,000 Jobs, Expects Costs of $3.5 Bln The economy is best described as Bushwhacked! TP