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To: Toddsterpatriot
The reading reflects an increased rate of growth in new orders, and a slowing rise in prices paid by manufacturers for raw materials. At the same time, high energy costs and a strong dollar continue to weigh on the sector, ISM said.

The economy continues to expand, employment is growing, real wages have risen for more than 10 years now and inflation is tame.

We'll just have to continue waiting for that pesky trade deficit to kill our economy. What I don't understand is how the dollar can be considered strong now when the gloomers tell us we're debauching our currency and it will lead to economic ruin. Who's right?

15 posted on 07/01/2005 8:05:36 AM PDT by Mase
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To: Mase
You don't understand. Bad news is bad news. Good news is bad news. It makes sense to me.
16 posted on 07/01/2005 8:09:01 AM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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