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

To: DizzyG who wrote (574563)5/12/2004 3:55:11 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
Yes, he is partly responsible for the trade deficit. His reckless fiscal policies are a significant factor in the trade deficit.



To: DizzyG who wrote (574563)5/12/2004 4:00:37 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
Here is why:

"Tax refunds, low interest rates and an improving labor market spurred demand for foreign products, while high oil prices increased the value of oil imports," said Wells Fargo Bank chief economist Sung Wong Sohn.


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