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2004 Will Be USA's Best Year Economically in Last 20 Years!
yahooooooo ^
Posted on 12/11/2003 12:29:56 PM PST by ConservativeMan55
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To: buffyt
Pooooor...Poooor...Tommy..
WAHHHhhhhhhhhhhhhhhaaaaaaaa
101
posted on
12/11/2003 2:48:43 PM PST
by
ConservativeMan55
(A tiger is a tiger. Some things you can't change no matter how hard you try.)
To: ConservativeMan55
We have driven up to his ranch, no, we weren't invited in.... But it is gorgeous country up there. If you get a change, drive up to Crawford - the countryside around there is lovely!
102
posted on
12/11/2003 2:51:10 PM PST
by
buffyt
(Can you say President Hillary? Me Neither!!!!)
To: ConservativeMan55
Great job.....in an otherwise $hi++y day, this has brought a real smile to my face!!
Lando
103
posted on
12/11/2003 2:55:13 PM PST
by
Lando Lincoln
(I'm thinkin', I'm thinkin'....)
To: ConservativeMan55
104
posted on
12/11/2003 2:55:24 PM PST
by
kennedy
To: 1Old Pro; MeeknMing; JohnHuang2
"2004 Will Be the U.S.'S Best Year Economically in Last 20 Years!" Pinging some good news for a change.
105
posted on
12/11/2003 3:20:29 PM PST
by
Happy2BMe
(2004 - Who WILL the TERRORISTS vote for? - - Not George W. Bush, THAT'S for sure!)
To: finnman69
LoL!
Kerry: "F**k the economy!"
106
posted on
12/11/2003 3:21:29 PM PST
by
Happy2BMe
(2004 - Who WILL the TERRORISTS vote for? - - Not George W. Bush, THAT'S for sure!)
To: AmericanInTokyo
"How about that famous map of the Presidential election of 2000 by congressional district, showing blue and red districts, Bush vs. Gore."
I'd like it if someone would just switch the two colors.
To: ConservativeMan55
Real capital spending, which will rise by only 2.7% this year, will climb 11.7% next year and another 8.6% in 2005. Pre-tax corporate operating profits will top $1 trillion next year, up from a projected $928 billion this year. Another trillion-dollar-plus gain in profits is expected in 2005. I'm only posting a message so I can search it out in 2005 to see how accurate these "WAG's" are.
108
posted on
12/11/2003 3:30:08 PM PST
by
Glenn
(What were you thinking, Al?)
To: ConservativeMan55
There must be some bad news here that we're not seeing and it's all Bush's fault.
109
posted on
12/11/2003 3:49:06 PM PST
by
mrobison
(We are the music makers and we are the dreamers of dreams.)
To: Irene Adler
I would prefer they change the democRats color to pink on the maps, or even grey.
To: Southack
You might put me in the 3rd Party troll, but I've been very consistent. Over 5% GDP next year, Dow over 11,000 by the election, and unemployment under 5.2%. 2005 is another story.
111
posted on
12/11/2003 4:05:04 PM PST
by
Beck_isright
(This tag line edited by the 9th Circuit Court due to offensive political commentary)
To: rocky88
"The real question is will this be reported by the mainstream media."
Probably in any section of the NYT that starts with an "E" and has double digit page numbers.
112
posted on
12/11/2003 4:06:07 PM PST
by
Beck_isright
(This tag line edited by the 9th Circuit Court due to offensive political commentary)
To: ConservativeMan55
You'll see even more blue next election. The rats have nothing but freaking morons running.
113
posted on
12/11/2003 4:07:14 PM PST
by
Beck_isright
(This tag line edited by the 9th Circuit Court due to offensive political commentary)
To: Allegra
That a good idea ! ! !
To: Allegra
That a good idea ! ! !
To: Allegra
That a good idea ! ! !
To: Happy2BMe
Yep ! Time to get a job, Mr. PotatoHead ! ...
117
posted on
12/11/2003 4:24:05 PM PST
by
MeekOneGOP
(Hillary is a TRAITOR !!: http://Richard.Meek.home.comcast.net/HitlerTraitor6.JPG)
To: Happy2BMe
Tom da$$hole's response ...
118
posted on
12/11/2003 4:25:21 PM PST
by
MeekOneGOP
(Hillary is a TRAITOR !!: http://Richard.Meek.home.comcast.net/HitlerTraitor6.JPG)
To: Beck_isright; section9; Nick Danger; Howlin; Grampa Dave; Sabertooth; Dog Gone; wardaddy; blam; ...
"I've been very consistent. Over 5% GDP next year, Dow over 11,000 by the election, and unemployment under 5.2%. 2005 is another story." Fundamentals are looking good, with one exception: the price of oil.
We've got low unemployment, low inflation, low interest rates, easy credit, and high Productivity all leading to an increase in our speed of money.
The trade deficit is *roughly* the size of our GDP growth, so I'd label it as "neutral" now. Federal and state debt is below our current and expected rate of GDP growth, so that's still not a negative, either.
To get to this point, at the federal level we've repealed various rules and regulations and red tape (logging, genetically modified foods, getting medicine to Market faster, CO2 regulations, ergonomic rules, etc.), lowered income taxes substantially (a family of four earning forty thousand per year now pays less than four Dollars in monthly income taxes), dropped the value of the Dollar on the foreign exchange markets (but not yet against every currency, sadly), and the Fed has lowered banking interest rates substantially.
The Dollar needs to still fall to a level plateau some 20% below its current levels (roughly 40% below its peak) to turn our trade deficit completely around, however.
We also need to figure out how to get oil down to no higher than $25 per barrel.
If those last two things happen in our current climate, then the U.S. economy should go into a multi-decade boom that will make the roaring 1920's sound like a whisper.
So because our fundamentals look so good, one shouldn't be overly concerned if the DOW slows down or if there is another Tech bloodbath.
Naturally, corporate layoffs are going to continue at the bigger and older firms, with hiring coming on in the smaller and younger firms. Such as it is, such as it was, such it will ever be. Gloom and doomers will latch onto the layoffs and the falling Dollar, and perhaps a big drop in the Market (always possible though I doubt it likely) as reasons for a coming "Bust." As in most years of our nation's history, however, the Doomers will be wrong yet again due to our strong fundamentals.
To actually kill this Boom would take a raise in taxes, a major terror attack, an increase in regulations, and oil staying above $32 per barrel for an extended period (or a major hike in interest rates). Each of these things is/are unlikely, and the aggregate combination is even less likely.
So bet on the boom.
119
posted on
12/11/2003 5:12:11 PM PST
by
Southack
(Media bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Beck_isright
Your predictions below sound very in line with many of us:
You might put me in the 3rd Party troll, but I've been very consistent. Over 5% GDP next year, Dow over 11,000 by the election, and unemployment under 5.2%
Re re your concern about 2005. We will probably see another tax cut in 2004. If the right mixture of congress is there, we will see massive changes in the government sector. Jobs will be eliminated, and many of those that are necessary will be handled by private enterprise.
120
posted on
12/11/2003 5:25:46 PM PST
by
Grampa Dave
(3rd Party Whiners are Irrelevant, w/less than 1% of the vote. They are just rude & noisy!)
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