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Jeffrey McCann
 
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"Graham Wellington" wrote in message
nk.net...
Cliff wrote:
On 21 Jul 2005 08:52:32 -0700, "DL" wrote:


http://tinyurl.com/7tjzj

Can you say "inflation".



Nobody left to loan the neocons any more money for their
deficits it seems.
Now they will call the loans due.


More left wing bull****. I knew the Bush haters would try to twist this
as being "bad" for our economy, when in reality it is good. US exports
to China will increase, bringing new jobs, a stronger dollar, and a
lower trade deficit. This is great news for the strengthening American
economy


This seems to me to be the likeliest result. It may cause some inflationary
pressure, but the decreased disparity in the balance of trade with China
should be good for the economy.

Jeff