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Mini,
I thought that Fed interest rate cuts had much more to do with devaluing the dollar than Bush has been able to directly influence. You seem to give Bush way to much "credit" for all of this mess, including the rising prices of oil as WashDad points out.
Tax increases in the magnitude of what you have described would be a disaster for our economy. Just doing the "opposite" of what Bush has done is not the answer.
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