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

To: JakeStraw who wrote (601727)8/9/2004 10:44:16 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
LOL!

(You mean when Greenspan testified before Congress and said tax cuts would be good for the economy... but ONLY if spending was cut to reduce the deficit?)



To: JakeStraw who wrote (601727)8/9/2004 10:44:51 AM
From: Enam Luf  Respond to of 769670
 
oh, you must mean the one that has stalled out as a result of the conflicting pressures of inflation, higher rates, weaker jobs, and consumer debt.

the fed will have to raise rates again to combat price pressures stemming from the oil spike. but doing so will only further dash the hopes of any real recovery. it's a shitty situation that is not of Bush's making, but I don't see it getting better before the election.


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