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

To: Original Mad Dog who wrote (516814)	12/29/2003 6:04:55 PM
From: ThirdEye	Read Replies (2) \| Respond to of 769667

I'm sure y'all will have all sorts of excuses for and "facts" to support your love of trickle-down, but it only goes so far. There are a few things goin' on now that don't lie and can't be ignored forever-such as record consumer debt, greater ownership of our economy by foreign investors than ever(and growing), trade deficit, budget deficit, lagging job creation(cost-cutting can only go so far). The refinancing boom that pumped huge amounts of cash into the economy can't be repeated; the Bush tax cut is a short term thing; the dollar will continue to fall; the growth of health-care costs, the aging of the population, the massive pension-fund pressures(if not actual shortfalls) about to happen, all make this out to be a suckers rally. Investors continue to make the same mistakes. Lots of stuff overvalued out there, but hey, enjoy it while it lasts. The market is irrational. Lots of it is beyond the influence of mere politics. So when interest rates start to climb right after the election and the market takes a header for any number of reasons-some of which I haven't even mentioned- during Bush's second term, will you be right there blaming him just as you credit him now??