April 28, 2002

From the Yahoo Message Boards:

"The gubmit spent the day proclaiming more wonderful economic news for all today, with GDP up some 5.8 percent! Yay, America! Look, we're doing wonderful things for you!

"Pay no attention to the man behind the curtain. Tax collections are off $102 billion from last year, some $50 billion of that due to the tax cut, according to G. William Hoagland, GOP staff director of the Senate Budget Committee....so far...thereby DOUBLING the current $46 billion deficit numbers.

"Pay no attention to the man behind the curtain. The majority of GDP growth came in the DEFENSE SECTOR, with spending at its highest levels since 1967. Hmm. That date...

"New business investment is drastically off...big business is holding on to its money out of caution, NOT reinvesting it, shooting a hole in the theory that this tax cut would generate more jobs and production, blah blah blah.

"Dow STILL falls today despite all Bush's "projections" because the professional investors know better than to believe GW's crapola. " - a_liberal_without_pants

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