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

To: Hope Praytochange who wrote (508144)	12/11/2003 10:36:47 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769667

A weak and anemic recovery.

To: Hope Praytochange who wrote (508144)	12/11/2003 11:03:32 PM
From: Bob Mohebbi	Read Replies (2) \| Respond to of 769667

Current Account, Budget, and Trade DEFICIT! TRIPLE ACCCOUNT DEFICIT! If the picture is so rosy then why not increase interest rates? Tourism is up because of the falling us dollar against all other currencies. Service industry in NY maybe starting to see improvement but over all the economy is not in a good shape. Who is going to pay for all these borrowed money? How are they going to control the hyper inflation? How are they going to stop the energy costs from rising? How are they going to stop the us dollar from falling? If they touch the interest rate the housing market goes bust and the banks will follow because of all the housing and business loans gone bad. Problems are deeper. And last but not least we are at war!