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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (2654)	12/13/2003 5:05:00 PM
From: Hope Praytochange	Respond to of 90947

<<Economic illiteracy is rampant. Why do you insist on promoting it? >>> the illiterate does NOT profess that they are economic idiots.. they only want to propagandize a negative agenda. last nite one idiot told told me banks are desperate to loan money to home buyers to offset the overnite loan of 1% versus the 5 plus home mortgage. I asked the idiot if we are unemployed and have two children in the teens, will the banks give me a mortgage. The idiot just shut up and spin and spin....

To: American Spirit who wrote (2654)	12/13/2003 9:23:27 PM
From: Selectric II	Respond to of 90947

Stop trying to fraudulently misrepresent accepted historical economic measurements as Bush creations. If you want to compare apples to apples, you have to use the same base statistics. Wouldn't you agree?

To: American Spirit who wrote (2654)	12/13/2003 11:18:05 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 90947

GDP counts debt spending as growth. Should be a negative and would be on any balance sheet. If a company borrows money it doesn't go to the profit ledger. Like I said before, economic illiteracy is rampant. You make about as much sense as Dizzie. GDP is very simple - it measures the production of goods and services in the US. The capital structures of businesses is irrelevant. I'm sorry you can't stand the thought that the economy is growing strongly, but that's your problem and your going to have to deal with it on your own.