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<< Well, that sucked | Main | Little Chips, Big Pollution >> November 06, 2002GOP Victories Power Defense StocksThat's the headline from Reuters. Along with the body phrase that "The pharmaceuticals sector, which is also seen as a big winner in the GOP victory, was also higher." To the winners go the spoils. Posted by Nathan at November 6, 2002 02:08 PM Related posts:
Trackback PingsTrackBack URL for this entry: CommentsYou omitted reference to this key line: "We believe that the reality is that the overall size of the defense budgets will be largely unaffected. Both parties maintain they are in favor of rising defense budgets," Wachovia Securities analyst Sam Pearlstein said in a note to clients ahead of the election. Kinda blows your whole "Dems and Repubs are so different" line, but it's true. Posted by: max robinson at November 6, 2002 04:28 PM I take history more seriously than random analysts. In real dollar terms, Clinton took defense spending from $332 billion in 1993 down to $271 billion by 2000 (and this with Gingrich pushing for higher defense spending). Bush is projecting defense spending up to $358 billion by 2007 (all in 1996 dollar terms). Posted by: Nathan Newman at November 6, 2002 04:50 PM This statement will be on the DSA Web Site soon. Heads Should Roll The big winners in Tuesday?s election were the insurance, defense, drug, The Democrats failed to mount an effective critique of both the foreign Yet, despite the depressing results, there remains an enormous amount of Democratic National Committee Chair Terry McAuliffe?s self-congratulatory statement on the election results is a prime example Progressive activists must continue to expose the low-wage economy and Much will be made of the historic nature of the Republican achievement. History also tells us that Bush should be a one-term president. All Frank Llewellyn Visit our Web Site: WWW.DSAUSA.ORG Posted by: Frank Llewellyn at November 6, 2002 07:20 PM This statement will be on the DSA Web Site soon. Heads Should Roll The big winners in Tuesday?s election were the insurance, defense, drug, The Democrats failed to mount an effective critique of both the foreign Yet, despite the depressing results, there remains an enormous amount of Democratic National Committee Chair Terry McAuliffe?s self-congratulatory statement on the election results is a prime example Progressive activists must continue to expose the low-wage economy and Much will be made of the historic nature of the Republican achievement. History also tells us that Bush should be a one-term president. All Frank Llewellyn Visit our Web Site: WWW.DSAUSA.ORG Posted by: Frank Llewellyn at November 6, 2002 07:24 PM pissing Posted by: som at August 24, 2004 04:37 AM Post a comment
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