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Restoring trust in the economy
Washington Times ^ | Monday, July 1, 2002 | Donald Lambro

Posted on 07/01/2002 3:28:07 AM PDT by JohnHuang2

Edited on 07/12/2004 3:55:03 PM PDT by Jim Robinson. [history]

The events of the past 10 months have certainly provided us with a lot of evidence about the U.S. economy's enduring resilience and strength. So maybe it's time to begin recognizing this as a fundamental and unarguable fact.

Despite the worst terrorist attack on U.S. soil, fears that it could happen again soon, and a string of sordid corporate scandals that have undermined investor confidence and sent stocks into a nosedive, the economy is still growing at a healthy rate. Globally, free market, center-right governments are being elected all over Europe and emerging markets are expanding faster than ever.


(Excerpt) Read more at washtimes.com ...


TOPICS: Business/Economy; Editorial; News/Current Events
KEYWORDS:
Monday, July 1, 2002

Quote of the Day by Poohbah

1 posted on 07/01/2002 3:28:07 AM PDT by JohnHuang2
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To: JohnHuang2
Great find and read, but I wonder how long it will take the bots to gather and start trashing Lambro and the Washington Times for bashing GW?
2 posted on 07/01/2002 3:53:54 AM PDT by ImpBill
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To: ImpBill
Apparently longer than it took you to take a jab at the President.

I liked the article. Perhaps the Administration could hold some pep rallies for the economy, but they are busy with a few things. But I'd rather have an Administration actually working on stuff rather than calling press conferences for everything under the sun. We did that for eight years.

3 posted on 07/01/2002 4:40:09 AM PDT by Coop
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To: JohnHuang2
Yes there are a lot of defenders out there.The ones who sold early with insider information like Martha.But what about all of those ordinary human beings who were suckered?Are you asking them to forgive and forget,just believe?
I hope the average American is getting tired of being screwed.
4 posted on 07/01/2002 4:54:24 AM PDT by gunnedah
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Comment #5 Removed by Moderator

To: JohnHuang2
This is a serious article about a serious subject that is, as they say, getting "seriouser" by the day. (Though I don't care for Lambro most of the time).

I hope some within President Bush's administration are listening. The economy needs help - less taxes, less regulation, and highlighting for the American people what good things are done by our "corporations" and all our businesses. This is the one thing that is supposed to be our strength (as Republicans) - handling the economy, running businesses, etc. - but so far, this administration has not done what is necessary to emphasize the private sector.

I love our President. I am even a Bushbot. But if he fails to get his people active on the economy in the RIGHT way, Republicans will not only will lose many of the elections this fall - he will also lose the Presidency in 2004.

The economy is THE THING that needs to be in focus.....and it can be done. Get experts, get Steve Forbes in there, get top notch people.....and get to work. Drop the lawsuit against Microsoft - stop targeting businesses - get out in front - don't just let things "happen". I know this President can do this. I believe he will. But it needs to start now.

6 posted on 07/01/2002 5:06:26 AM PDT by Freedom'sWorthIt
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