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


To: Kenneth E. Phillipps who wrote (518396)1/2/2004 9:19:16 AM
From: Kenneth E. Phillipps  Respond to of 769670
 
Bush policies putting country in jeopardy
Jan. 2, 2004 12:00 AM

A few years ago our country was living through the largest economic expansion in history.

We were experiencing the first cash surplus in 35 years. The national debt was being paid down. Air and water pollution were at their lowest in decades. Crime was at a record low. We had nearly full employment. Israel and Palestine were talking peace. Life was good.

Then something went awry. More than 3 million good-paying jobs lost. Mostly overseas. Billions were lost in the stock market crash. Thousands lost their retirement nest egg. Corporate crime ran rampant. Oil shortages. Price gouging. Health care insurance costs are beyond what most can afford.

The middle class is in a decline. We attacked Iraq for questionable motives, costing the lives of our troops and innocent Iraqi civilians, not to mention the cost in dollars, and at the same time creating more hatred of us in the Mideast than ever before.

We have lost credibility as well as support of our allies around the globe. I truly believe that the Bush administration's policies are a detriment to our people and country. Our future is in jeopardy.

Paul Stoddard, Congress

azcentral.com



To: Kenneth E. Phillipps who wrote (518396)1/2/2004 9:19:47 AM
From: Hope Praytochange  Respond to of 769670
 
54 economists surveyed by The Wall Street Journal believe the U.S. unemployment rate will fall to 5.5% by November, which could translate into more than 1.5 million new jobs. Although the 5.5% unemployment rate is above the 3.8% rate our economy enjoyed in April 2000, it would represent a notable decline from the 6.4% level reached last summer. This is good news for the economy in that the momentum of the second half of 2003 will not be derailed and will run deep enough to trigger meaningful gains in employment and business spending. The consensus also forecasted the GDP to grow at an annual rate of 4.5% in the first quarter, 4.3% in the second quarter and 4% in the second half of the year.