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Citing New Stimuli, Economists Forecast A Second-Half Rebound
The Wall Street Journal ^ | July 3, 2003 | Joh E. Hilsenrath

Posted on 07/03/2003 7:57:34 AM PDT by BOBTHENAILER

Edited on 04/22/2004 11:49:19 PM PDT by Jim Robinson. [history]

NEW YORK -- Massive fiscal stimulus, in the form of tax cuts, and improving business profits should lead to a long-awaited economic rebound in the second half of the year, according to 54 economists surveyed by The Wall Street Journal.


(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: bushrecovery; dncsuicide; gloomdoom
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To: rwfromkansas
FR only focuses on the positives, never the negatives.

ROTFLMAO!!!!!

Oh, my side!!!

Stop it!! You're killing me!

I guess you just never seem to run across Wilie Green's countless Corporate Layoff posts, or all the doom 'n gloomers here even on this thread.

By the way, unemployment is a lagging indicator, FWIW.

41 posted on 07/03/2003 12:18:41 PM PDT by Coop (God bless our troops!)
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To: Coop
I guess you just never seem to run across Wilie Green's countless Corporate Layoff posts, or all the doom 'n gloomers here even on this thread.

Please don't remind us...Perhaps they'll next cheer us up with news of mass suicide.

42 posted on 07/03/2003 12:27:49 PM PDT by Jorge
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To: MonroeDNA
Not to mention high speed limits, "shall issue" CCW, Republican House, Senate, and Governor

Ain't it amazing what a Republican Administration does for a state?

43 posted on 07/03/2003 12:51:45 PM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: Jorge
I dont try to ignore positve news, the problem is that there is so little of it. And when good news does come, everybody seems to think its the end-all. And then several weeks later that good news gets wiped out; such as unemployment numbers. (May's payroll losses were revised to 70,000 from the 17,000 first reported). What gets me is that most freepers are just waiting for the late 90's to come into the markets. You poeple are dreaming. Economic cycles can not be denied, only delayed. The real crush has yet to come. Need proof, look at how the derivatives have exploded in the last year. IT IS a time bomb waiting to happen. You can only play the numbers game for so long, regaurdless where it started.
44 posted on 07/03/2003 12:53:42 PM PDT by Fyscat
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To: MeeknMing
Love your bumps.
45 posted on 07/03/2003 12:53:52 PM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: BOBTHENAILER
You bet!

Business is booming here, too. :)
46 posted on 07/03/2003 1:00:28 PM PDT by MonroeDNA (Happy Independance day! We owe our Freedom to Patriots, like JR.)
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To: Fyscat
Whose side do you want your clients to be on?

I'm no expert and certainly wouldn't advise ANYONE on whose side to be on, I just post 'em like I like to see 'em.

I'm way up this year and I didn't do it shorting.

47 posted on 07/03/2003 1:07:51 PM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: y2k_free_radical
PEOPLE are too vain and there is not enough stigma of shame anymore to enduce them to jump

You're probably right........seeing them slink out the headquarters would be good enough for me.

48 posted on 07/03/2003 1:10:10 PM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: BOBTHENAILER
Thank you, sir !

49 posted on 07/03/2003 1:23:52 PM PDT by MeekOneGOP (Bu-bye Dixie Chimps! / Check out my Freeper site !: http://home.attbi.com/~freeper/wsb/index.html)
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To: BOBTHENAILER
Last year my company laid off 20 percent of the workforce second layoff in a 100 year history. I am now on a four week "vacation" - forced furlough. It may go longer.

My husband got the news that there will be no bonus or raise - second time in 25 years. The first was in the first year of business. They also have downsized considerably over the last two years.

I really believe that the chickens are coming home to roost due to careless government fiscal policies such as massive indebtedness, socialistic intitlements and foolish trade policies. I don't see a reason why the economy will substantially improve. Do you? If so - what?? Tax cuts with increased spending?? I dont think so.

I think that there are a lot of people on here who are so worried that the economy will hurt the election of GW that they will not face the reality of what is happening to our once strong country.

Give me a reason for optimism.
50 posted on 07/03/2003 1:36:56 PM PDT by willa
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To: Coop
Well, Willie Green of course.....lol.

What I mean is that the positives get placed in Breaking News.

Sure, I am sure somewhere besides breaking news there is an article with 5 comments about unemployment going up.
51 posted on 07/03/2003 2:14:57 PM PDT by rwfromkansas ("There is dust enough on some of your Bibles to write 'damnation' with your fingers." C.H. Spurgeon)
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To: willa
Give me a reason for optimism.

In your individual case and opinion about "our once strong country", I can't help you there.

The article I posted indicates the "general" economy is improving. Naturally all companies are not the same.

Are you implying your particular situation is Bush's fault? I don't think so.

52 posted on 07/03/2003 2:14:59 PM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: BOBTHENAILER
"Are you implying your particular situation is Bush's fault? I don't think so."

My particular situation is not unique. Most of the people that I talk to cite very similar situations where they work.

As far as it being bush's fault - I blame ALL of them for spending us into bankruptcy. Bush is no exception. There is no real plan to cut spending and lower our tax obligations. You get a tax cut one day (I didn't qualify) and then the next day you are hit with the obligation of paying for free perscriptions for millions of people. There is no consistancy. Where is the money supposed to come from? The republicans and dems passed this. Bush applauded it.

When I see responsibility and sense coming out of DC then I will have optimism.
53 posted on 07/03/2003 5:07:25 PM PDT by willa
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To: FreeTheHostages
"What's up with that? It's morning in America."

Yeah, and what's up with those insiders, who supposedly know their businesses well? They're selling $37 of stock for each $1 they're buying! The heaviest insider selling in at least 10 years! Morons...

</sarcasm>

54 posted on 07/03/2003 8:56:56 PM PDT by Tauzero
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To: willa
"I think that there are a lot of people on here who are so worried that the economy will hurt the election of GW that they will not face the reality of what is happening to our once strong country."

No kidding.

It ain't GW's fault really, but he'll get blamed anyway.
55 posted on 07/03/2003 9:00:20 PM PDT by Tauzero
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To: BOBTHENAILER
With masive amounts of jobs going overseas and uncontroled immagration into the country, I don't see where government stimulus is going to help very much.Soon there won't anyone able to buy any of this imported crap. When the average wage is down to 1.00 an hour you will see jobs returning to this country.
56 posted on 07/04/2003 5:15:40 AM PDT by G-Man 1
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Comment #57 Removed by Moderator

To: rwfromkansas
Well, Willie Green of course.....lol.

Fair enough, then. :-) "Breaking News" does tend to lately highlight the more positive aspects, yes. But there's plenty of good and bad economic data floating around here - enough to make one's head spin.

58 posted on 07/04/2003 9:46:53 AM PDT by Coop (God bless our troops!)
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