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


To: goldworldnet who wrote (278083)7/19/2002 6:07:50 PM
From: gerard mangiardi  Respond to of 769667
 
You are very wrong. gore would have forced incumbent telcos to invest in and open up the"last mile". This would have mitigated quite a bit the hundreds of billions of dollars in losses that investors have suffered. By itself W's telecom policy has contributed a large percentage of the losses the market has suffered. Knowing the mo of the admin they will sy their policies are finally taking effect when the market bottoms. Their arrogance and ignorance misjudged where the bottom will be.



To: goldworldnet who wrote (278083)7/19/2002 6:19:11 PM
From: TigerPaw  Read Replies (1) | Respond to of 769667
 
if Gore were president he would have the same Wall Street 90s fallout to deal with

It's not a given, The whole telecom sector did not have to disappear from the economy. If there had been more emphasis on understanding and promoting the technology rather than a desparate frenzy for tax cuts we would have stood a chance of still being in an expanding economy.

TP



To: goldworldnet who wrote (278083)7/19/2002 6:29:21 PM
From: CYBERKEN  Read Replies (1) | Respond to of 769667
 
You're absolutely right, the entire foundation of this market was set during the Clinton administration. The insane screaming about deficits created deflation which is sometimes impossible to remove once it has started. Greenspan gets some blame for the deflation too, and the Congress, which live in ignorance about economics and couldn't bring itself to loosen the liberal grip on capital growth in this country.

At least on the plus side: The Carville/Begala/Greenberg propaganda machine can't pin the economy on Bush because they destroyed their effectiveness defending Clinton. There is an excellent chance this time that the American left will be chased away for good, and recovery can begin...