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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (67340)	3/12/2005 8:35:12 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Well, the economy and stock market are doing great. But as I've been posting on the AMD thread, oil and deficit spending, in that order, are two of the biggest risks to this economy. If Bush doesn't clamp down on spending and get a BALANCED budget, not just a reduced deficit, then we are F___ED over the long term. As far as oil goes, Bush will do nothing to work towards reduced consumption, because he's born and bred an oilman. So we're going to have to live with high oil prices for at least 4 more years. That doesn't necessarily mean a bad economy and stock market, but it will most definitely shave off lot's of growth.