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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: frankw1900 who wrote (69416)	1/28/2003 4:00:25 AM
From: stockman_scott	Read Replies (1) \| Respond to of 281500

<<...I don't think the cost of the war will be big enough to have positive or negative effects on US economy...>> Read bullet #2 from The Market Update put out by Dr. Sohn -Wells Fargo's highly regarded Chief Economist -- [ drsohn.com ] drsohn.com He believes that a messy war and higher oil prices could send our economy into 'a deep recession.'...Maybe we would have a quick surgical strike on Iraq BUT I sure feel some of the NeoCon WarHawks in the Bush Administration can not accurately forecast what war will be like -- there may be UNintended consequences that are worse than any of the predictions they have. Remember how the CIA failed to anticipate that an event like 9/11 could take place. regards, -s2@digdeepandseewhatyoufind.com btw, my friends in the financial field are NOT the typical talking heads you see on CNBC like Kudlow and Cramer (who are ready to go to war in Iraq tomorrow (just to get it out of the way)...Overall, these folks feel the dividend tax cut will provide little stimulus for the economy and a large tax cut for the wealthy may stimulate more activity for the Hedge Fund business BUT it may not help average Americans in a big way....In fact, this evening on CNBC's Hardball former Republican Presidential Advisor David Gergen said that he felt Bush had 'a clunker of an economic plan that was out of touch with the concerns of working people.'...hmmm.