While George W Bush and John Kerry fight it out tooth and nail, they might better serve their long-t...
While George W Bush and John Kerry fight it out tooth and nail, they might better serve their long-term interests by throwing the election, according to Steven Andrew, economist at Isis Asset Management. That surprising piece of advice stems from a prediction of a deeply unpopular economic slump in 2005, a fact for which the president of the time will undoubtedly be blamed. Andrew said: "By the time the new president's inauguration comes around in January 2005, the US economy will, in our view, be struggling under the pressure of a heavily-indebted and overstretched consumer sector, no ...
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