Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.51

+6.1%

Feb 6 9:30 AM EST

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To: Kumar Nathan who wrote (4226)	5/2/1997 9:43:00 PM
From: Cary Salsberg	of 70976

Kumar, The balanced budget is nothing more than a political red herring. For conservatives, it is a code word for dismantling social programs and for the liberals it is a code word for cutting the military and tax breaks for business and wealthy people and keeping social programs. If our government were really responsible, it would produce surpluses during business expansions to pay off the irresponsibly produced national debt. I find it hard to believe that anyone seriously beleives that this budget agreement will usher in a "new set (of)economic fundamentals", and will drive the market to 12000. I will listen to disagreement with an open mind. Cary

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