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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: tsigprofit who wrote (410)4/18/2003 11:37:35 PM
From: TigerPaw  Read Replies (1) | Respond to of 20773
 
The government is already giveing away free money, by having an effective fed rate that is below the effective inflation rate. The economy is being stimulated.

The reason it is not working is that current policies, foriegn and domestic, are supressing trade internationally. The U.S. is no longer in the old economy position of supplying all it's needs by itself. Through tarrifs, uncertainty over treaty obligations, and downright antagonism toward trading partners the U.S. is losing important customers, and without customers the businesses are cutting costs which means jobs. This further depresses the ability of American companies to find domestic customers. It's an economic death spiral.

For the economy to recover the U.S. must dump it's protectionist tarrifs, bring some measure of stabilty to the worth of the dollar by holding the line on deficits, and stop exasperating the climate of fear which is supressing both investment and consumption.

TP