Strong jobs growth could trim profits
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  1. #20
    Registered User techs's Avatar
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    As for the economy...

    Bush is not responsible for the recent job growth and, economic gains, stock market rebounds, or gas prices.

    Any more than he was responsible when they all went south after the Y2k boom fizzled.

    That's a market economy for you. Upswings, downswings.

    Really not under any one man(or woman)'s control.
    I disagree fully. While the economy is a colussus that takes time to respond to changes nonetheless it responds quite quickly to things like oil price hikes, tax cuts, deficits etc.
    In fact just take the deficit. Putting the United States under such trememdous debt has made people fearful. They are putting their money into different places than if we had a balanced budget.
    In fact it just took a couple of slight changes in the banking law that spawned the S and L disaster.
    Last edited by techs; June 4th, 2004 at 05:10 PM.

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