At the moment good but in a few years time bad because of the war economy. Billions and billions are spent and that can't last, it will take a heavy toll on the economic growth on the long run.
2006-10-06 08:42:55
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answer #1
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answered by Avatar13 4
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The taxes pouring into the federal coffers has hit two consecutive high points in history, and that is adjusting for inflation. And this is after tax cuts. Unemployment has been at the lowest level since the 60's. The Dow is at the highest ever, the only time it was closer was when the Clinton SEC allowed the dot-com fraudsters to create companies whose mission statement was to pay back the initial investors (that's a form of MLM). The Labor Department reports salaries raising faster than anytime since the 80's. More jobs have been created in the period of 2000 to 2005 than from 1990 to 1999. The economy is doing very well. Cut taxes for the wealthy and they invest in the market making the economy stronger, creating more jobs, increasing salaries, and generating income that leads to more purchase power, which leads to taxes pouring in at highest rates in history.
Proving for the second time in 18 years that supply side economics works.
2006-10-07 18:14:08
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answer #2
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answered by dwh320 2
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Our economy is not really based on fair trade. It is a manipulated economy. They manipulate it by shifting the interest rates and a few other things to shift the indicators, so they indicate what they want them to indicate. Our economy appears to be doing good but the fact is, They're setting us up for a fall. There are a group of people who control all the big businesses. They are all intertwined sitting on each others boards of directors having money invested in each others corporations. Bush and many others of our government are numbered among these people. They are working and manipulating things for their own benefits. They are separating themselves from the rest of us so when our economy tumbles, and it will, They won't. This is all that Hillary Clinton and a few others are working for, to be a part of this elite group. You think they care about us, get real. Bill Clinton lost his membership in this elite group. Now the only thing Hillary wants is back in before our economy falls. Ever hear of Bush oil? Guess who sit at it's head? Our economy is all an illusion.
2006-10-06 16:11:25
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answer #3
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answered by oldman 7
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Currently this depends on whether you're wealthy. If you're wealthy, you're doing alright. If you're not then the economy hasn't been doing good things for you lately. Since taking office, George W. Bush has amassed a record breaking deficit and widened the gap between rich and poor to its greatest expanse since the great depression.
2006-10-06 17:39:09
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answer #4
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answered by Magic One 6
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bad for people who earn wages.
The stock market is doing ok.
2006-10-06 15:45:03
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answer #5
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answered by Anonymous
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bad, iflation goes up...wages/salary stays the same
2006-10-06 15:57:05
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answer #6
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answered by Anonymous
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