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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (157099)12/30/2002 5:44:59 PM
From: i-node  Read Replies (1) | Respond to of 1580328
 
Just heard on TV that since Bush took office the markets have slid the greatest percentage since the Great Depression

Of course. As Bush took office, the Clinton Economic Expansion lie came to an end. The bubble broke. It was not a Clinton Economic Expansion, it was a bogus bubble made popular by lying liberals.

George Soros talked about the Bush Affect on the markets

Extremist liberal.

The economy is NOT in bad shape. A small portion of the economy, B2B, is slow. Consumers are spending. Government is spending. Only business capital investment is down, and it is because they overspent when the Clinton Liars were telling them they had a great economy. Guess what? It was as great as they were told.



To: American Spirit who wrote (157099)12/30/2002 6:49:35 PM
From: tejek  Read Replies (1) | Respond to of 1580328
 
Just heard on TV that since Bush took office the markets have slid the greatest percentage since the Great Depression. Hoover was the president around that time. he kept telling us recovery was around the corner. It never happened. Bush wont get a recovery either. Just heard today the only sectors growing are defense, security, real estate and medical bills. Once real estate starts falling a double or triple dip can be expected. Only thing holding RE up is low interest rates. But the prices aere very high now. with growing unemployment who can afford to keep buying these expensive properties? And deficits WILL create higher interest rates sooner or later. Bush is on track the record deficits. Also oil prices are adding to inflation. Watch out. At best stagnation for 1-2 more years. George Soros talked about the Bush Affect on the markets. Oil and military do not a healthy economy make. More like an Iraqi economy actually.

The last thing you want to do is complain about the economy. Don't you want a Bush rerun? ;~))

ted