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otraque

06/08/03 3:53 AM

#116562 RE: Emptyhead #116525

The 2nd term, the american JQP will get "bushwhacked" if this going into election year shorterm "do anything to get us re-elected" standard procedure of a "quick fix prop and to hell with the future" in american politics, democrat or republican, succeeds.
But those in power never get whacked--the Bushes are rich rich rich; these Bushes are unwhackable.
BTW, i do not think it will work, in the shorterm(6-months), regardless, but we will see.
But given Kudlow has GURANTEED this plan will work and is a major factor in the conception of the plan--that is enough for me to feel pretty confident it won't work.
Optimism can not overwhelm bad economic policy, but it sure and hell can get the market up, for a time.
Sooner or later the constant quick fix sandbagging will run out of sandbags, they are battling rising water --the longer they sandbag the higher the water builds up, they should just let the flood come and then go, and we would have started anew, regrowth from the flood's aftermath.
The longer the sandbagging the worse the flood will be.That is ONLY an opinion--i stress that.gd.