Remember when the liberals tried to claim tax cuts harm
the economy? Bwahahahahahhahahahahahah. Wrong again.



2004 Will Be the U.S.'S Best Year Economically in Last 20 Years,
The Conference Board Reports in a Revised Forecast

http://biz.yahoo.com/prnews/031211/nyth120_1.html

S.Simon


NEW YORK, Dec. 11 /PRNewswire/ -- Revising its year-end economic forecast sharply upward, The Conference Board today projected that
real GDP growth will hit 5.7% next year, making 2004 the best year economically in the last 20 years.
The forecast, by Conference Board Chief Economist Gail Fosler, expects worker productivity, which set a 20-year record in the third
quarter, to rise at a healthy 3.6% next year. That would follow a gain of 4.3% this year.

The economic forecast is prepared for more than 2,500 corporate members of The Conference Board's global business network, based in
66 nations.

KEY BAROMETERS FLASHING GROWTH

"Growing business spending and continued strength in consumer spending are generating growth throughout the U.S. economy," says
Fosler. "This burgeoning strength is reflected in The Conference Board's widely-watched Leading Economic Indicators, the Consumer
Confidence Index and the Help-Wanted Advertising Index. While the labor market, a critical factor in sustaining growth, is growing
slowly, a pick-up in hiring may already have begun."

Real consumer spending, which continues to fuel growth, will increase at a 4.7% pace next year, up from about 3.2% this year.
Another gain of 4.3% is projected for 2005.

While the U.S. economy is expected to generate more than one million new jobs next year, the unemployment rate will edge down only
slightly, averaging 5.6% in 2004.

The Conference Board forecast notes that as the U.S. economy bounces back, so is Europe, although growth will be subdued compared to
most other major parts of the world. "For all the concern about a weak dollar," says Fosler, "the dollar will be worth more than the
euro by the end of the year."

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.

The continued recovery in business profits, which was a key ingredient in funding new investment (crucial in making 2004 a strong
growth year), depends on price relief. Business profits will benefit from both improved volume and recovering profit margins in
2004, as inflation creeps back toward 3% by the end of the year.

Source: Revised Conference Board Economic Forecast
December 2003

"Simple Simon" wrote in message
...
Remember when the liberals tried to claim tax cuts harm
the economy? Bwahahahahahhahahahahahah. Wrong again.


It ain't the tax cuts Simpleton it's the RECORD low interest rates and
MASSIVE deficit spending.

Funny how the liberals wiggle, squirm and change their
tune when the old tune becomes noticeable off-key.

S.Simon


"aeiouy" wrote in message ...
It ain't the tax cuts Simpleton it's the RECORD low interest rates and
MASSIVE deficit spending.

"Simple Simon" wrote in message
...
Remember when the liberals tried to claim tax cuts harm
the economy? Bwahahahahahhahahahahahah. Wrong again.

Yeah but all that false stoking is at the price of a collapsed dollar.
Pretty easy to stoke up the economy if you let the currency become junk.

You stupid liberal!

You pathetic 'Hate America First' asshole. Like Horvath said.
"Weak dollar? What weak dollar? My beers still cost the same."
Only an idiot worries about a 'weak' dollar. When our dollar is
'weak' it helps balance the trade deficit by making our exports
more competitive. A more balanced trade deficit in turn helps
strengthen the dollar. Currencies fluctuate. They have always
fluctuated and they will always fluctuate. Live with it, you turd
for a brain.

S.Simon




"Ric" wrote in message ...

"Simple Simon" wrote in message
...
Remember when the liberals tried to claim tax cuts harm
the economy? Bwahahahahahhahahahahahah. Wrong again.

Yeah but all that false stoking is at the price of a collapsed dollar.
Pretty easy to stoke up the economy if you let the currency become junk.

"Simple Simon" wrote in message
...

I agree - let the dollar fall. It's just junk currency.

I rather doubt we will see the foreigners financing our deficits if
the dollar is weak and getting weaker. They won't be buying those
Treasury Notes. That will obviously drive up interest rates as the
Government competes for capital to finance it's borrowing, but hey,
other than that...


On Fri, 12 Dec 2003 14:33:25 -0500, "Simple Simon"
wrote:

You stupid liberal!

You pathetic 'Hate America First' asshole. Like Horvath said.
"Weak dollar? What weak dollar? My beers still cost the same."
Only an idiot worries about a 'weak' dollar. When our dollar is
'weak' it helps balance the trade deficit by making our exports
more competitive. A more balanced trade deficit in turn helps
strengthen the dollar. Currencies fluctuate. They have always
fluctuated and they will always fluctuate. Live with it, you turd
for a brain.

S.Simon




"Ric" wrote in message ...

"Simple Simon" wrote in message
...
Remember when the liberals tried to claim tax cuts harm
the economy? Bwahahahahahhahahahahahah. Wrong again.

Yeah but all that false stoking is at the price of a collapsed dollar.
Pretty easy to stoke up the economy if you let the currency become junk.

When our dollar is
'weak' it helps balance the trade deficit by making our exports
more competitive.

The problem with your math is that it's a bad deal when the dollar "stays"
weak.

You just don't get it. You have the same zone on understand with money as you
do boat.
Coronado 27.

Bwahahahahaha!

RB

Three fish on one hook. Even you must admire my technique.

S.Simon


"Bobsprit" wrote in message ...
When our dollar is
'weak' it helps balance the trade deficit by making our exports
more competitive.

The problem with your math is that it's a bad deal when the dollar "stays"
weak.

You just don't get it. You have the same zone on understand with money as you
do boat.
Coronado 27.

Bwahahahahaha!

RB

Three fish on one hook. Even you must admire my technique.


You gutted yourself and chummed with your own lower intestine.
Sure, you got a few nibbles, but it was you who ended up stinking and dried out
on deck.

Hooooh ahhhh!!!

RB