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Greg O
 
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Default OT Righties, tell us again how well the economy is!


"basskisser" wrote in message
om...
"Greg O" wrote in message

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"basskisser" wrote in message
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As suspected....it's all Clinton's fault!!


I knew when given the facts you could not argue the point!
Greg


You gave nothing but unsubstainiated opinion. Here are facts:


-- When Bush took office on Jan. 20, 2001, the Dow Jones industrial
average was at 10,587.59. It closed Tuesday at 9,944.67.

-- When Bush took office, the unemployment rate was 4.2 percent. It's
now 5.5 percent, according to the Labor Department.

-- When Bush took office, U.S. consumer debt totaled almost $1.7
trillion. It's now $2.038 trillion, according to the Federal Reserve.

-- When Bush took office, bankruptcy filings during the previous year
totaled almost 1.3 million, down 5 percent from a year before. By Dec.
31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2
percent from 2002, according to the American Bankruptcy Institute.

-- When Bush took office, the federal budget had been balanced for
three straight years and was, in the 2000 fiscal year, running a
surplus of $236 billion -- the largest in U.S. history. The White
House is projecting a record budget deficit this year of $445 billion.


And I would have bet that no matter who was the next president after
Clinton, things would not be very much differant, Dem or republican.
Did you honestly expect the economy to keep running at the pace it was?? We
were due for a slow down, the next president in office had nothing to do
with it!

Before the election I was moving my investments out of the stock market to
bond funds. About one year ago I moved back into the stock market! Damn! I
am smelling like a rose! Right now I am a bit befuddled on what to do, run
and hide back in bond funds, or ride out the electin. It is a bit harder to
tell what the market may do. I expect a dip, no matter who wins, but how
much of a dip?!
Greg