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


To: Kenneth E. Phillipps who wrote (410392)5/30/2003 12:37:30 PM
From: Thomas A Watson  Read Replies (1) | Respond to of 769670
 
And just how did fiscal responsibility create any new technology. And the cutting of spending by the Contract with America did nothing for fiscal responsibility.

Fascinating!

Technology drove increases in productivity. Increased productivity made more and more available for less and less meant more could afford more and that drove demand and that drove more investment in production and created jobs.

It also created demands for services. And that created jobs. But exuberant expectations of never ending increases in demand lead to creating to much stuff for a fantom demand. The y2k silly hoax was a major creator of technology demand that came at a time that added to the exuberance of fantom demand.

Those are the connections kenny, show me your fiscal responsibiltiy connections.

9-11 was a major hit of costs and quenching of demand for all kinds of stuff.

You want to continue to rant your fiscal responsibility, go ahead and be all the idiot you can be.

Confidence in our country created by confidence in the President will create demand. Demand will grow the economy if and only if sufficient money is available to companies to invest in whatever is needed to create supply. And growth will increase revenue. And deficit will contain the idiots in congress from spending that revenue. And that is fiscal responsibility.