But, will there be more write offs? After we bomb the bottom
out of Afghan, will the Arabs unite to curtail oil?
And, when will the Economy recover?
When Consumer confidence cracks, soon, will Capex resume
if Companies have no clue as to when Consumer Confidence returns?
Who will businesses sell to if the consumer, responsible to 70%
of market activity, does not come back?
I don't see anything in current Congressional plans
" to stimulate the Economy ", that will work. Tax cuts won't work
because then, if spending stays the same ,your tax collections
will not cover spending and we'll get into a budget deficit.
That is what all the Democratic plans are good for: Creating
Budget Deficits through astronomical spending.
The Democrats just don't get basic Econ 101: Government
spending creates more dependent and pot people overall.
Only if budget spending is restrained to match
-any income tax cuts
-any capital gains tax cuts
-any increased spending for Arab War
will we come out soon of the recession.
Otherwise, The Clinton Tax and Spend Recession
and Bubble Market will last much longer than all the
teary-eyed touchy feely Democrats and Democrats disguised
as Republicans have ever imagined.
Bush is involved now in a BS mop-up activity. BS that
started with Carter, Ford, the 80s Dem Congress and
reached is apogee with Bill Clinton and Algor,
all IMHO
TA |
