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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: jttmab who wrote (218339)2/13/2007 11:05:29 PM
From: geode00  Read Replies (2) | Respond to of 281500
 
IMO a President can indeed affect the economy because there is no such thing as a 'free' market and policies make a big difference. Presidents, as the most visible component of government, can drive, screw up, ignore, dismiss or otherwise affect these policies and, therefore, the economy.

Changing tax structures, for example getting rid of the AMT or having a 95% top tax rate versus a 36% one, have a major impact on the economy. Bush going to war, pretty much based on the lies of a small group of his evil minions, has an enormous affect on the economy. Were Gore President, we would not be on the hook for $1TRILLION in war costs.

Elections matter.

Having one of Satan's minions or a blithering idiot as the head of the executive branch affects our pocketbooks. If more people understood this, all the crappola about god/guns/gays would go away and be replaced by a requirement for all major candidates to have policybooks that we could all read before voting.

:)



To: jttmab who wrote (218339)2/14/2007 12:38:07 AM
From: Katelew  Read Replies (1) | Respond to of 281500
 
Where I lived in Arkansas, speculation on raw land was also rampant, esp. lake and river property. People were buying 6 month options on tracts of land to lock in a theoretically lower price. Farms were being bought and resold in 5, 10, and 20 acre tracts with no roads or utilities to them. It was crazy.

That was the same period that the Clintons got caught up in the Whitewater thing, which was simply a land development project along the White River. Really beautiful property but their partner was underfunded and got in at the top of the mkt. Everybody lost money in it, I think.