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


To: Kenneth E. Phillipps who wrote (507746)12/11/2003 10:10:51 AM
From: Kenneth E. Phillipps  Read Replies (3) | Respond to of 769667
 
Nobody on this thread wants to discuss the economy this morning. I guess that unemployment report spooked them. Where is Khang and Jake on the economy?



To: Kenneth E. Phillipps who wrote (507746)12/11/2003 10:12:38 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769667
 
GDP figures don't add up. I don't believe them.

"The correlates of GDP growth are not there. Industrial production, employment, cargo growth are not there.""



To: Kenneth E. Phillipps who wrote (507746)12/11/2003 10:16:27 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769667
 
"The strength was in consumer durables, consumer nondurables, and business equipment - all material stuff," he said
'It's the Twilight Zone economy'
. "Factory workers aren't making them, the factory sector isn't producing them, and delivery men aren't bringing them, but the goods are nevertheless ending up at your doorstep and in GDP. It's the Twilight Zone economy."