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


To: Bald Eagle who wrote (435185)7/29/2003 10:36:45 AM
From: TigerPaw  Read Replies (2) | Respond to of 769668
 
You really need to look at growth - debt.

The illusion that the economy is growing is only maintained by borrowing. It is as if you thought you got a raise because they upped your credit card limit. In effect, Junior is selling the dollar for pennies to pad the GDP.

TP



To: Bald Eagle who wrote (435185)7/29/2003 10:38:58 AM
From: gerard mangiardi  Read Replies (3) | Respond to of 769668
 
No evidence yet that unemployment is dropping. Interest rates and oil are hurting things and there is no relief in sight yet on those fronts. Confidence is followed because it is often a leading indicator.