> Sam wrote:
> Things are looking up huh?
> 

Ok, I'll take the bait.

1.) The Bush-policies-are-good-for-the-economy argument sailed 2-3
years ago.  There's nothing Mr. Bush can do now that will erase the
hole he's dug for America.  About all he could do is wise up and stop
digging, but that's not likely.

2.) The trade deficit improvement is transitory due to a decline in
crude-oil prices in May. Since then, oil prices have shot to record
highs.  The rising dollar will also kill the decline too.

However, it should be noted that the trade deficit needn't be bad in
all cases.  It's just that with Mr. Bush's policies, it happens to be
a indicator of his failure.  That is, the metric must be considered
with all other "dashboard" metrics.

For example, if your fuel gauge says "E" maybe you just need to stop
and get more gas.  However if your temp says "H" and oil pressure
gauge is pegged, then "E" is pretty bad if you're responsible for the
maintenance of the car.

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