To: Katelew who wrote (53643 ) 3/14/2008 7:07:04 PM From: Bearcatbob Respond to of 543148 Hi Kate - let me try your questions: Kate: Bob, I really think she's unelectable. Bob: Depending on how things are in November I think it can well be a jump ball. I do believe a Hillary presidency would mean more of the divisie politics that we have had with Bush. Kate: So do you have any thoughts on what a McCain presidency would do about reducing the deficits....or any other strategy for dealing with the economy? Bob: If I had any good idea I might be a supporter. I think he would be tough on spending - but who knows. Remember, in the Ohio primary I voted for Fred Thompson. Kate: All I know is he wants to cut corporate rates? As well, of course, as leave the coming personal tax cuts in place and stay in Iraq. Bob: We need revenue equal to spending. I am all for cutting taxes - but revenue must match spending. Kate: CNBC said today that, for the first time, the EU economy just surpassed ours. I assume they meant in GDP. We must get our economic house in order. If the EU outcompetes us in the world, what do we do? The growth is overseas. We need to get that business, or at least our fair share. Bob: I suspect this is a result of a $1.55 Euro. Trust me, I see first hand almost daily, that Europe is not competitive at this exchange rate. Kate: Our domestic economy is entering slow growth mode and will stay there somewhat because of demographics. Bob: There are many forces at play here. Raising taxes and regulations will not help. For instance, currently there is completely insufficient technical personnel on the job market. Here we need immigrants - if we do not get them - the work will go else where. Here I am very market oriented and find the anti NAFTA stuff plain ignorant. Bob