21 Aug
2001
21 Aug
'01
4:08 p.m.
On Tue, 21 Aug 2001, Chad Fernandez wrote:
So some guy running for president said the economy was worsening, and
the whole world believed him, ok sure.
Chad Fernandez
Michigan, USA
R. D. Davis wrote:
Agreed, but when you consider that consumer spending makes up about
two-thirds of the Gross National Product, there is certainly a
substantial element of truth in it also! Certainly consumer spending is
modified somewhat by the group psychological mood.
- don
On Mon, 20 Aug 2001, Chad Fernandez wrote:
The stock market is emotionally run, much of the time, I'll give you
that. The economy on a whole is influenced by emotional factors, too.
To say that the economy is purely psychological is an over
simplification. George Bush doesn't have anything to do with
the economy being down.
Yes he does. The economy is purely psychological. If enough people
think it's bad, it will be bad, and vice versa. If he and the other
politicrats went out and started talking about how the economy
miraculously improved overnight, it would. The Economy started downwards before he was even
in office. He didn't
ruin VCF for you, either. The president doesn't magically change the
economy over night.
It's obvious that g. dubya bushbooger wanted people to think the
economy was worsening so that he could take credit for "fixing" the
economy through various policies.....