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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: KevinMark who wrote (43129)12/2/2000 9:20:38 AM
From: wsringeorgia  Read Replies (1) of 436258
 
Kevin, you mention tax cut. Bush did not get the large majority he needs in congress to to push through his cuts and there is so much hostility there that it is unlikely that in the next four years any large cap gains or top marginal rate cuts will occur. If Bush prevails the Dems will feel so cheated and so focused on the next election cycle that they will do everything they can to deprive his administration of any claim of sucess. The general public is similarly divided and will support their politicians. Sure, a big tax cut would rally the market but it ain't gonna happen. The pet projects of the two parties, ie. single payer health care for the Dems and big tax cuts for the Repubs will go nowhere anytime soon. WSR
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