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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (12519)	10/16/2003 2:11:17 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 793587

yes that is the Bush supporter's angle. I see it differently, I think this economy would be on fire right now if it weren't for all this offshoring of jobs. It is fear, pessimism and relentless war mongering that has allowed that fear to become pervasive in the US. But I am in California and Bush won't win here anyway. So it doesn't much matter what silicon valley thinks, or Washington state, it is the rest of the country. Who knows maybe the midwest is happy as a clam right now. I don't think so, but things are improving... sortof. I don't think Bush should have asked for that money to rebuild iraq's infrastructure. Seems like a very bad political call to me.

To: Nadine Carroll who wrote (12519)	10/16/2003 2:23:54 PM
From: carranza2	Read Replies (1) \| Respond to of 793587

No, we didn't just have a "bubble". We had a full-bore, devil-take-the-hindmost mania. Tulip city. The workout after such a mania is not quick, and frankly I'm amazed that it hasn't been even worse than it has been. Presidents have some effect--they've got the bully pulpit-- but to blame them for all economic woes is incorrect. The most congenitally opimistic president in American history was FDR. Yet his Presidency witnessed the longest Depression that I think we've ever seen. His optimism did nothing to keep people out of work. Clinton was blessed by factors over which he had little or no control, namely, the fact that low interest rates and an incredible tech-based increase in productivity occurred at about the same time, not to mention the stock market recovery after the 1987 crash. A happy confluence of things over which Clinton was simply lucky to preside. Serious people were seriously discussing whether the economic cycle had been conquered.