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


To: Bill who wrote (451717)9/2/2003 4:20:43 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 769670
 
well you may be right about CA, if Arnold wins he will inherit a mess.

But wrt Gore/Bush, the more time that passes, the more I realize that the tech stock bubble bust was only a cycle, no more significant than any other tech boom/bust cycle. It was bigger than the early 90s CA real estate and nasd stock market meltdown but its significance is overstated. We'll probably hit naz 5000 again in less than 10 years and go beyond that, like any other mkt correction.

So, your whining about the "mess" than Bush inherited is just plain baloney. Bush inherited your average recession, that is all.

Bush (and any president) needs the best economic people on board to deal with whatever issue presents itself. Bush doesn't have that, he has John Snow. Now we have a serous jobs exodus problem and the ramifications to the tax base that that shift implies. Bush has done nothing. It doesn't have to be the end of the world. Maybe the solution is to accept the fact that the US is headed towards a nation of "investor class" folks with limited opps for the middle class. We need to figure out how to restructure the tax base to support this shift.

Do you still think jobs are coming back, and that we'll have full employment in 04?