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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Dee Jay who wrote (25853)10/22/2000 5:43:14 PM
From: William D. Tanner  Read Replies (1) of 42804
 
OT OT

The Clinton Gore years saw the benefits of the Reagan Bush fiscal policies.

Reagan & Bush managed to repair the massive damage of the Carter years and put us on an economic path, which has been nearly unprecedented.

To Clinton's credit, he pretty much left things alone and took the credit.

The fact of the matter is that the deficit spending of the Reagan Bush years started an economic boom that overshadowed and more than outweighed the deficits.

It's been my observation that it usually takes a republican administration 8 years to undo the damage usually done by a democratic administration in 4 years.

This case is special in that this administration has had a hands off philosophy and hasn't done significant damage. The same will certainly not be the case in the event of a Gore administration.

Regards, Bill
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