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Zeev Hed

04/23/03 4:36 PM

#100596 RE: mlsoft #100589

mlsoft, you underestimate the power of the government to stimulate the economy and borrow from future years, if we enter a recession here, Bush is going to be a one term president, he might still be, but you can bet your last short dollar that they are going to pull all stops so that the Dems will not be able to come in with the old motto "It is the economy stupid", so no recession right here yet, just muddling, not fast enough (though we may have a surprise on the next GDP preliminary showing a 2.5 to 3% growth) to create new jobs, but fast enough to claim that we are not in a recession.

Zeev