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


To: Oeconomicus who wrote (2707)12/14/2003 1:18:20 PM
From: American Spirit  Read Replies (1) | Respond to of 90947
 
Liar. You know GDP includes debt spending. So the record deficit spending of the Bush administration plus the tax cuts and low refis creates an artificial unsustainable spending spree which pops groewth but creates few jobs. It's what the economists call a "sugar high" and it's got very little to do with a real recovery.