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Article #662Re: President and the economy
From: John Allred
Date: Tue, 13 Oct 1992 18:05
Date: Tue, 13 Oct 1992 18:05
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In article <1992Oct12.224049.2439@u.washington.edu> monaghan@cac.washington.edu (Tracy Monaghan ) writes: >As much as I enjoy watching Bush squirm during this recession, the fact is >there is little a president can do about the economy (and even less with >the massive deficits. The Federal Reserve control interests rates, and >indirectly inflation.) If Bush had not been a spineless wimp and used his much ballyhooed "veto pen" on the appropriation bills, he could have done something about the deficit. Unfortunately, he is in the same business as the Congresscritters -- providing the phantom Free Lunch. Bush is the country's Chief Executive; it is his job to make things happen. Excuses (i.e., Congress, Japan) don't cut it. He had four years to stop his whining, get off his butt, and get it done. He failed miserably. Unfortunately, our alternate choices are equally weak. Clinton is going to tax (excuse me, "invest") us into oblivion, and Perot strikes me as an authoritarian. You can count me in the "None of the Above" category. --
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Newsgroups: pnw.general Path: arc1-ca.pugleaf.net!sparky!uunet!spdg!jallred From: jallred@spdg.com (John Allred) Subject: Re: President and the economy Message-ID: <Bw2nqn.9s9@spdg.com> Sender: jallred@spdg.com Organization: Stratos Product Development Group (Seattle) References: <1992Oct12.223009.1629@u.washington.edu> <1992Oct12.224049.2439@u.washington.edu> Distribution: pnw Date: Tue, 13 Oct 1992 18:05:19 GMT Lines: 21