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To: Lizzie Tudor who wrote (159971)2/13/2004 8:44:27 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
The Bush economic record:
- 521 billion deficit from a surplus just 3 years ago

There was no surplus 3 years ago and you know it.

- almost 3 million jobs lost
2.2 million since Bush took office accorind to the BLS - never mind inheriting a market disaster.

- widening wage gap in the USA for the first time in 10 years
Gap between what and what? Be less vague please, and then prove it.

- 489 billion trade deficit, the HIGHEST EVER
And that's bad because . . .?

- claims that productivity caused loss of jobs, when the reality is that more employees hired in india/china than any other recovery period by US corps
Damn that productivity. Everyone "in the know" knows productivity is a code word for fewer jobs, right?

- dollar crashing against most foreign currencies, more losses to come- (my guess 1.3 dollar/euro coming)
Tell me why a lower dollar (even 1.3 per Euro) is inherently bad.

- Bush team unable to negotiate Yuan float despite huge trade deficit with China- in other words US manufacturers can "eat cake"
And your magic bullet is . . .?



To: Lizzie Tudor who wrote (159971)2/13/2004 10:08:59 PM
From: Alomex  Respond to of 164684
 
my guess 1.3 dollar/euro is coming

Easy. This slide will get there and well past that, to stop at 1.6-1.7 dollar/euro.