The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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To: Wally Mastroly who wrote (1404)	9/7/2001 12:47:26 PM
From: Boca_PETE	Read Replies (1) of 10065

Wally M - Why do you think corporations would be induced by another interest rate cut to increase borrowing in an environment where capacity utilization is reportedly not lower than it was during the recession of the early 1990's and rising unemployment will likely cause the consumer to honker down in the near future? Also, why is it now fair to say Bush missed an opportunity to put business tax cuts into his tax package proposed shortly after taking office when conditions were much better and nobody could foresee current conditions? I like the idea of proposing a sweetener in a new tax cut package for business to increase capital spending (now), with a limited-window for business to exercise that option. But with Senate gridlock and continuing resentment over the the last election, I sense many politicians would be happy to sabotage such a positive effort for their own party's political gain in future election. After all, politicians are there to get re-elected, not to serve the people - right ? P :-)

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