Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kenneth E. Phillipps who wrote (524066)	1/14/2004 4:12:11 PM
From: JakeStraw	Read Replies (1) \| Respond to of 769667

Another nice day in the stock market wasn't it Kenneth?!

To: Kenneth E. Phillipps who wrote (524066)	1/14/2004 4:12:12 PM
From: Kenneth E. Phillipps	Respond to of 769667

With BC-Bush-Budget The Associated Press Wednesday, January 14, 2004 -------------------------------------------------------------------------------- (01-14) 11:48 PST (AP) -- Some changes in the government's fiscal condition since President Bush submitted his first budget to Congress in 2001. * Bush's first budget projected annual surpluses from 2002 through 2011 would total $5.6 trillion, before his tax and spending proposals took effect. In its most recent projection last summer, the nonpartisan Congressional Budget Office said it expected $1.4 trillion in total deficits from 2004 through 2013 -- excluding any future tax or spending changes. * The cumulative national debt stood at $5.7 trillion when Bush took office, and his first budget proposed reducing it by $2 trillion over the next decade. Today, the debt stands at $7 trillion. * Bush's first budget projected that in fiscal 2004 -- which runs through next Sept. 30 -- the government would spend $2.077 trillion. Instead it will spend $2.305 trillion, according to the latest CBO estimate. Bush's first budget also estimated the government would raise $2.339 trillion in revenue this year. The CBO projects $1.825 trillion in revenue. All together, the CBO has forecast a 2004 deficit of $480 billion -- instead of the $262 billion surplus Bush predicted for this year in his first budget, assuming his policies were enacted.

To: Kenneth E. Phillipps who wrote (524066)	1/14/2004 4:16:42 PM
From: goldworldnet	Respond to of 769667

You acknowledge a gain and you are still grumbling. Unbelievable... * * *

To: Kenneth E. Phillipps who wrote (524066)	1/14/2004 4:17:36 PM
From: DizzyG	Respond to of 769667

Hmm... Yes, the Bush market is part of the Bush economy just as the Bush unemployment is part of the Bush economy. Wow, Kenneth...did you see this: news.ft.com Employment is a lagging indicator, Kenneth. The huge rise in exports can only mean one thing, Kenneth...MORE JOBS! :) Diz-