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Politics : PRESIDENT GEORGE W. BUSH

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To: DavesM who wrote (477351)10/17/2003 1:52:08 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
Yes, a 7 to 9 year secular Bear would be historically normal.

Re: "Cutting taxes is always magic to stimulate an economy,"

>>> Yes, that is certainly true... just as it is ALSO true that running perpetual deficits (currently at 25% of spending) will produce a great drag on the economy... while flooding the economy with fiat money will engender depreciation of all financial assets.

>>> The fact that the deficit federal borrowing EXCEEDS the tax cuts is a very worrying sign.
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