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Old 08-24-2004, 11:29 AM   #27
spence
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Join Date: Nov 2003
Location: RI
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Quote:
Originally posted by RIJIMMY
[Being truthful, this has nothing to do with Bush. I believe a Pres has very little influence on the economy other than market sentiment. [/B]
I'd complely agree. I didn't give Clinton credit for the boom, nor blame Bush for the recession. I do give Clinton credit for following the Republican lead and signing the balanced budget amendment. I also blame Bush for the unecessary third round of tax cuts when we are at war with a massive deficit, and the huge increases in government spending.

If you're in the biz you know that a lack of cash isn't why people arn't investing. It's about confidence.

The rich pay most of the taxes and right now we need a little sacrifice to balance the sacrfice of those in Iraq. They can afford it, the middle class can't.

-spence
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