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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Ann Corrigan who wrote (19457)4/30/2004 6:35:00 PM
From: American SpiritRead Replies (1) | Respond to of 81568
 
The economy always grows during war. The over-spending by this administration on top of the war also contributes. The economy was booming during the Vietnam War too. Then it took us many years to pay off those debts. That was part of the problem with the Carter economy, massive war debts.

You can also see the energy gouging is making Bushie oil companies very profitable, while Winn Dixie lays off 10,000 workers in the heartland.



To: Ann Corrigan who wrote (19457)4/30/2004 6:38:55 PM
From: CalculatedRiskRead Replies (2) | Respond to of 81568
 
Check your math. You wrote: "The economy has grown 20% for 4th consecutive quarter." Not even close.

GDP grew at a 4.2% ANNUAL rate in the first quarter, a significant portion due to defense spending. That is not bad, but considering the $682 Billion in deficit spending (over last 12 months) and 1% emergency rates, it is worrisome.