BUSH ECONOMY

Yahoo! News Message Boards Business News: "Very troubling news
by: zigzagg11 (52/M/Vashon Island, WA) 08/06/04 01:42 pm
Msg: 55383 of 55436
6 recommendations

1. 5% GDP deficit getting a meager 3% GDP growth. This is like borrowing 5% of your income to invest at a 3% growth rate.

2. Consumer spending takes a large hit.

3. Oil prices setting records.

4. Corporate earnings very weak.

5. Signs of inflation

6. Record consumer debt

7. Record trade deficits

8. Very weak dollar

9. Tumbling stock markets

But the unemployment rate is fairly low, that is a bright spot. I don't see many others though. "