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

To: Peter Dierks who wrote (686582)	6/22/2005 12:49:22 PM
From: Kenneth E. Phillipps	Respond to of 769670

The President's leadership or failure to lead does have a very significant effect on the economy. Example: The 1993 tax increase which passed without a single Republican vote in the Senate was a major factor, along with spending cuts, in producing a balanced budget in the late 90s. The Bush tax cuts in 2001 are a major factor in causing the huge budget deficits of the past 5 years. The redistribution of income the past 5 years which has caused a huge gap between low income and income people has been caused, in large part, by the Bush fiscal policies.