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

To: TigerPaw who wrote (404549)5/9/2003 11:27:58 AM
From: JakeStraw  Respond to of 769670
 
>>There is no multiplier when the money is wasted.

I suppose you're referring to the military? Well, if that's the case, what about all the defense companies that profit?
They have employees, who then buy goods & services...



To: TigerPaw who wrote (404549)5/9/2003 11:34:10 AM
From: rrufff  Read Replies (2) | Respond to of 769670
 
Here's what you said at the beginning

I think Junior can spend faster than Greenspan can inflate. The resulting defaltion will make debts impossible to pay off. Then Carlyle will foreclose.

Here's what you said in your latest post.

Even Junior can't spend as fast as the rest of the world is pulling back. This is a direct result of the ongoing deterioration of the economy since March 2001.

You proved my point.


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