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Politics : Formerly About Applied Materials
AMAT 259.92-1.1%Dec 30 3:59 PM EST

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To: Proud_Infidel who wrote (42088)2/13/2001 11:22:18 AM
From: michael97123  Read Replies (1) of 70976
 
Brian,
Interesting aside on Greenspans testimony. He seems to be saying that the surplus will hurt the economy in time of economic weakness so once again his preference is for tax cuts over spending. I agree that running big surpluses this year will hurt the economy longterm and that tax cuts are very important but i also believe that it is the governments responsibility to differentiate between good spending and bad spending. That means elimination failed government programs as well as creating new ones. IMO this is where Congress has failed miserably in the past, prefering existing programs and new pork to new programs that might work whether they come from the left or the right. Mike
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