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


To: Thomas A Watson who wrote (434164)7/26/2003 9:52:50 PM
From: Kevin Rose  Read Replies (1) | Respond to of 769670
 
Well, if the Bush admin is so smart, how come the economy is still in the toilet even though the recession ended 18 months ago? How come Bush fired his first economic team? How come the outlook is for a jobless recovery, with 2.6+ more people out of work than when Bush was handed the responsibility?

First we slash interest rates to the bone; no effect. Then, the first tax cut that wiped out the surplus; no effect. More interest rate cuts: no effect. Now, the purposeful weakening of the dollar as a last resort. I guess if the dollar gets cheap enough, then we've finally see a pick up, but at what cost?

'Duped' is an appropriate label, but I think you'll not see it here, but rather in the mirror.