PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Nadine Carroll who wrote (130182)	3/4/2001 4:52:13 PM
From: Lazarus_Long	Read Replies (1) of 769667

And of course the privatization idea will be most popular after the market has soared, and least popular in a bear market -- just the opposite of any rational planning. OTOH, maybe people would learn to buy when it's down and gut-wrenching fear grips them, and sell when it's up and everybody is convinced they're going to be millionaires tomorrow. Of course, if everyone does that, it won't oscillate; it will just follow the long-term economic growth curve. That would be OK too. You know, privatization might work just fine. Except that a lot of bureaucrats in the federal government would be out of work and it would lessen the span of control of politicians.

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