GW Bush Cancelled VCF 5.0 VCF

From: Richard Erlacher <edick_at_idcomm.com>
Date: Tue Aug 21 17:15:35 2001

Of course in GOV-speak, that's "consumer confidence" but it means that consumers
don't think they'll be able to buy another new computer and that drags down the
economy.

They had the fellow who WAS the publisher of the "Industry Standard" (E-tech)
magazine (now no longer publishing) on the News Hour on PBS last evening, and he
made a few remarks suggesting that people knew that the high-tech sector was all
bound together. Once they saw it start to crumble, they knew they were dead.

People often tighten their belts, but generally too late.

Dick

----- Original Message -----
From: "Don Maslin" <donm_at_cts.com>
To: <classiccmp_at_classiccmp.org>
Sent: Tuesday, August 21, 2001 3:08 PM
Subject: Re: GW Bush Cancelled VCF 5.0 VCF


>
>
> 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 - 17:15:35 BST