SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : News Links and Chart Links -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (5493)2/5/2003 8:41:02 PM
From: Les H  Read Replies (1) | Respond to of 29596
 
The more likely reason is that politicians and probably more importantly their handlers don't like to take risks with their poll numbers when they're ahead with the economy. They may be more apt to take risks when (1) they have high popularity numbers which enable to move their parliament to sanction their proposed action, (2) their party has a majority in the houses of parliament, and/or (3) the economy is sucking wind.

As for reasons to go after Iraq, this may be a package deal with the Arabs on settling the Palestinian homeland. US and Britain can't go on indefinitely 'containing' Iraq while the other countries profit from the oil. North Korea just wants money and food to prop up the government. None of the other countries around her want a collapse or a threatening country. They're stuck with paying for China's bad child.

The older routine before Bush Sr. was that Republicans had recessions and Democrats had wars. Bush Jr. had the worst timing of all.

I'm not particularly happy with his tax proposals nor those of the Democrats since I'm in favor of a simpler and more equitable tax code (not a flat tax). I believe he and Democrats cut a deal to get every budget passed after 9/11 - his party on defense and the Dems on public works. They're spending heavily also trying to compensate for the cutbacks and tax increases coming from the states and localities that will act as a drag on the economy.