Word: ten-year
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...will be running deficits through 2004. He'll have the analyses that insist it was Bush's tax cut, not Sept. 11 or defense spending, that did it. And he'll have the potent economic argument that the only sure way for Washington to kick off another ten-year expansion - like the one, ahem, that just ended under the new guy - is to put the budget back in balance and soothe the savage bond markets that run up long-term interest rates when the feds run up the debt. (The economic ideal would be tax cuts and a balanced budget...
...newborn tech optimism in its cradle. And the NASDAQ that had posted decent gains Thursday on the it's-gonna-be-OK news from America's bellwether PC producer and router-maker quickly crumbled, shedding its gains dolefully into Friday afternoon. Taken together with job cuts soaring to ten-year highs last month (and that's just the barest taste of the post-disaster economy - the hold at 4.9 percent unemployment for September is the ultimate in lagging indicators) the Dow had no trouble justifying some more erosion...
...Rebuilding longer-term confidence in the solid supremacy of the American economic way may be in George W. Bush?s hands. It starts with the military response for which the world is waiting right now - this ten-year boom started when the tanks rolled onto Kuwaiti soil, and starting it again will take a psychological sense that the U.S. has its enemies in its sights, its political will galvanized, and its thinking cap on about how not to do more harm than good...
...Then, in an ironic twist, House Democrats on the Ways and Means Committee said they reluctantly will oppose a ten-year, $40 billion package of energy tax breaks that includes tax credits for hybrid-fuel cars, residential solar systems and alternative fuels - because they were worried about the budget surplus...
...convincing Bush that Mueller is the right kind of manager. While some press accounts portrayed Bush as hesitant about the choice, aides say the President's consideration of other candidates like former Justice official George Terwilliger was simply a case of diligence, since the FBI director gets a ten-year term. There was little surprise in the West Wing when White House counsel Al Gonzalez quoted the President as saying, "Mueller...