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Politics : Discuss the candidates honestly. -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (550)	6/22/2004 5:58:01 PM
From: tonto	Respond to of 4965

The economy is doing very well. When people lie about it, they have a hard time convincing people of it later on as what I believe continuing good numbers will continue. We are fortunate that our economy is doing so well. Key leading indicators are showing 5 percent to 6 percent real growth of gross domestic product this year, with roughly 2.5 percent inflation. This is quite a good scenario. It's a pro-stock market scenario. It's a pro-growth scenario. It's an anti-budget-deficit scenario. And it's a George W. Bush-for-president scenario. Liquidity and inflation indicators do not suggest that virulent inflation is headed our way. The mere hint of a slightly less-accommodative policy from the Federal Reserve has driven down the prices of gold and other metals by roughly 10 percent this spring. (Commodities, remember -- in particular gold -- are leading indicators of changes in general price levels.) And even with rising energy prices, the Commodity Research Bureau's broad-based futures index has declined about 6 percent.