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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: tonka552000 who wrote (24237)8/5/2003 10:40:24 AM
From: lurqer  Read Replies (1) | Respond to of 89467
 
Did you see inflation go down from an annual rate of 2.4 percent to just 1 percent, like Washington did? Without that change, the GDP would have been a paltry 1 percent annual growth. And that growth includes the massive military spending increase related to the war in Iraq.

Thanks!

lurqer



To: tonka552000 who wrote (24237)8/5/2003 10:43:39 AM
From: Karen Lawrence  Respond to of 89467
 
"Or rates could be rising because investors think the U.S. Federal Reserve is being irresponsible in its handling of monetary policy." Greenspan is at fault here. He's an arrogant idiot. Why was he in Europe the day after 9/11 offering the Central Bank 50 billion dollars to shore it up in case of a run on the banks?


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