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

To: stockman_scott who wrote (26325)	8/31/2003 9:08:15 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

federal deficits will continue higher each quarter as the economy slides into recession just when a recovery is anticipated I believe that excluding hedonic amplifications of infotech spending in Q2, and relaxing the compounding GDP chain weight engines, Q2 saw a mild negative in growth and besides, Q2 was chock full of military spending I expect by 2005 we will see federal deficit approaching $1 trillion the consumption addicts will have to withstand a removal of the real esate home equity "drug dealer" source of money the financial sector will have to produce jobs somewhere else after the jobs slowly erode / jim