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


To: Lizzie Tudor who wrote (439759)8/7/2003 10:04:57 PM
From: sea_biscuit  Respond to of 769669
 
That's an awful lot of lost purchasing power for a society that needs broad-based wage growth among its consumers to remain economically viable.

[Tongue in cheek] I disagree. I just got a credit-card offer today with a credit limit of 100K. I have PLENTY of purchasing power! Thanks to Uncle Alan! ;-)

In this context, I can do no better than quote verbatim, a comment I found elsewhere on the 'net:

Greenspan's right, the US should focus on doing what it does best: creating debt and overpriced financial assets.