Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who started this subject	7/29/2001 1:13:45 PM
From: Gary105	Read Replies (2) of 94695

back of envelope calculation on impact of tax cut: assuming $50 Billion in refunds and all of it is spent (ok questionable assumption), $10 Trillion US GDP amounts to 0.5% annual GDP impact and 2% quarterly GDP impact (assuming everthing happens this quarter) could be enough to skirt recession, possibly the needed infusion to pump up economy quickly....time will tell

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