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Iraq will define 2003

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Iraq will define 2003
Topic: Current Events 1:54 pm EST, Jan  3, 2003

] "Thomas Friedman, the foreign affairs columnist for the
] New York Times and probably the best we have in that
] field, came out with the biggest number: $1 trillion. If
] that turns out to be correct -- or even if the perception
] develops that it might be -- it could wreck any chance
] for a major recovery in our economy and of our financial
] markets in 2003.
] For the only way for our government to meet that bill
] would be to borrow that $1 trillion dollars. Saudi Arabia
] and Kuwait picked up almost all of the cost of the First
] Gulf War. Not this time. Nor is there any chance that
] increased tax receipts will limit governmental borrowing
] needs, with the outlook for rapid economic recovery
] non-existent at the moment."

Use your Dr. Evil voice when I said $1 Trillion dollars!

Iraq will define 2003



 
 
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