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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (171826)	7/14/2003 5:48:02 PM
From: TimF	Read Replies (1) \| Respond to of 1577586

So now you ask us to accept your pure speculation that his economic "policies" kept things from getting worse as reality and the documented fact that the economy is really in the dumps should pass as perception ? Give us a break here Fowler. Its not pure speculation. Its soundly grounded in economic theory, but your right that there is a large element of speculation. Just as there is a large element of speculation involved in any other conclusion about how Bush's (or any other president's) economic policies have effected the economy. The documented fact about how the economy performs doesn't tell you how it would have performed with a different set of policies. The real measure for how well a policy works is the delta from what the situation would have been like without that policy and so you are always left with speculation. It can be informed, intelligent speculation rather then a leap in to the darkness but it is never solid undisputable fact. Tim