GW Bush Cancelled VCF 5.0 VCF

From: Don Maslin <donm_at_cts.com>
Date: Tue Aug 21 16:08:40 2001

On Tue, 21 Aug 2001, Chad Fernandez wrote:

> R. D. Davis wrote:
> >
> > On Mon, 20 Aug 2001, Chad Fernandez wrote:
> > > George Bush doesn't have anything to do with the economy being down.
> >
> > Yes he does. The economy is purely psychological. If enough people
> > think it's bad, it will be bad, and vice versa. If he and the other
> > politicrats went out and started talking about how the economy
> > miraculously improved overnight, it would.
>
> The stock market is emotionally run, much of the time, I'll give you
> that. The economy on a whole is influenced by emotional factors, too.
> To say that the economy is purely psychological is an over
> simplification.

Agreed, but when you consider that consumer spending makes up about
two-thirds of the Gross National Product, there is certainly a
substantial element of truth in it also! Certainly consumer spending is
modified somewhat by the group psychological mood.

                                                 - don

> >
> > > The Economy started downwards before he was even in office. He didn't
> > > ruin VCF for you, either. The president doesn't magically change the
> > > economy over night.
> >
> > It's obvious that g. dubya bushbooger wanted people to think the
> > economy was worsening so that he could take credit for "fixing" the
> > economy through various policies.....
>
> So some guy running for president said the economy was worsening, and
> the whole world believed him, ok sure.
>
> Chad Fernandez
> Michigan, USA
>
Received on Tue Aug 21 2001 - 16:08:40 BST