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

To: American Spirit who wrote (384886)	4/3/2003 11:59:24 AM
From: JakeStraw	Respond to of 769667

So American Spirit, Sice you profess to know EVERYTHING. Please explain to the thread how expensive this war is compared to the Korean War or WWII.

To: American Spirit who wrote (384886)	4/3/2003 1:05:20 PM
From: Kevin Rose	Read Replies (2) \| Respond to of 769667

Yes, and more bad news every day. Once Baghdad is captured, and the despot confirmed dead, the markets are going to turn their attention back to real economic news. Given the previous downward direction, the fact that Q1 is historically the weakest, and that the war uncertainty probably caused a slowdown in spending, I think people are going to quickly be jolted back to the economic reality. "A pair of discouraging economic reports also weighed on the market. The Labor Department reported that jobless claims rose last week by a seasonally adjusted 38,000 to 445,000, representing the highest level of new claims since April 2002. The figure was also worse than analysts' predictions. And the Institute for Supply Management said its non-manufacturing index slid to 47.9 in March from 53.9 in February, indicating a contraction in the U.S. service sector after 13 straight months of growth. Economists were forecasting a reading of 52.5."