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


To: Bill who wrote (531984)1/29/2004 12:05:07 PM
From: Lizzie Tudor  Respond to of 769670
 
you should have stayed away from any investment that requires capex improvements that are "just around the corner", and focused on technlogies like Linux that don't matter whether the US economy ever picks up or not. Or, go into foreign stocks.

A lot of nas is up because people can't accept that there is no impending recovery in US based capex. The intel call last week elicidated it fairly clearly. This is as good as it gets for infrastructure spending under the Bush economy.

When a new president is elected, if a dem they will immediately implement changes that make it more difficult (not impossible) for companies like HP to liquidate their entire US workforce. When that happens, jobs will return to the US. THEN, the capex recovery will pick up. And ironically, those firms that think offshoring is such a boon to business will actually see business improve. The fact that these firms gutted their own highly profitable US market seems to have blindsided them. Only a few more mos till Bush is out, yay!