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

To: Steve Dietrich who wrote (508958)12/13/2003 6:10:27 PM
From: bentway  Read Replies (1) | Respond to of 769670
 
Maybe we just need WWIII! We've certainly got the right President for it, but I think we'd be on the wrong side of it.



To: Steve Dietrich who wrote (508958)12/13/2003 6:10:45 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 769670
 
If you watch the CNBC talk shows you can see the supply siders grasping at pretty much any straw that leads to a conclusion that growth is just around the corner. I think even Jim Cramer has started to catch on, but not Kudlow. Kudlow thinks 04 is going to be a "barnburner" economy. Whenever the jobs numbers come out they sort of freak out, or try to explain it away with the "household employment" figures.



To: Steve Dietrich who wrote (508958)12/13/2003 6:45:44 PM
From: Peter O'Brien  Respond to of 769670
 
We also spent ~90% of the total federal budget on defense
during WW2. We were also running annual deficits of 20-25%
of GDP.

It is not too surprising that the size of economy
"doubled" during that period, since we ran a
cumulative deficit equal to about 100% of GDP
during that period!


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