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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Jacob Snyder who wrote (40238)3/11/2001 11:42:04 AM
From: saukriver  Read Replies (1) of 54805
 
And, if the U.S. government hadn't done some really stupid things with interest rates and tariff wars, the Depression quite possibly could have been over by 1931 or 1932.

Interesting, since the Senate will now consider adding "triggers" to Bush's tax cut. These would partially undo the proposed cut (i.e. hike taxes) if revenue slows. That foreshadows raising taxes in a big way just when the economy sucks. I suggest reasonable people can disagree on the wisdom of the scale of Bush's tax cut, but this "trigger" idea may rival the Smoot-Hawley Tariff in its folly.
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