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  • billberggren billberggren May 7, 2004 12:33 PM Flag

    There is tide..

    I sure hope you mean when Kerry gets in stocks will truly improve. Since Bush was basically decided in November 2000, stocks are down, couple that in with 30 percent loss in the value of dollar. You are talking about a 40 percent loss, given away to contractors in Iraq and prescription drugs.

    When Kerry comes in and attempts to reduce the deficet tax. The value of the dollar will improve and prices for lcd tvs will drop. He will invest in America and eliminate loopholes.
    The stock market may not rise, but your purchasing power will.

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    • why would ANYONE think that Kery would REDUCE the deficit.

      In the 50+ years since WWII the only times there hasn't been a deficit is when the Republicans controlled both house of Congress.

      If you examine Kerry's record, you won't find one a fiscal conservative, one of a tax and spend liberal. He might try and reduce military spending but the increases in social spending he supports will far out weigh ANYTHING he cutrs back.

      BTW, what "30% loss in the value of the dollar" are you talking about? It is true that the Euro and Yen are up from the seriously depressed levels of 3 or 4 years ago, but I think you'll find the dollar is very close to it's long term exchange rates currently.

    • GGGGGGGs Pick up an econ book - if for no other reason than to learn how to spell deficet[sic}.

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