SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (205837)10/8/2004 4:06:50 PM
From: combjelly  Read Replies (1) | Respond to of 1576883
 
"About 9 months after Bush was elected, the Clinton bubble burst."

I guess it burst early in Texas, then...



To: Jim McMannis who wrote (205837)10/8/2004 6:27:35 PM
From: tejek  Read Replies (1) | Respond to of 1576883
 
RE:"But when Bush is around, surpluses seem to evaporate. It just seems an odd coincidence that right after Bush got elected president, the budget surplus that Texas had, vanished. And then the same thing happened at the federal level."

About 9 months after Bush was elected, the Clinton bubble burst. Stock market tanked. Dot.com lay offs (heck, if you could breathe you got a high paying job).

Housing market kicked in full force. We went from a revenue generator for the governmnet to a non revenue generator(R.E). Despite AG lowering rates, only R.E. benefited...no revenue for the government there.


And then Bush cut revenues and started a war. We know the drill jimbo.

Its the economy, stupid!