PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Zoltan! who wrote (195764)	10/25/2001 11:19:32 AM
From: bonnuss_in_austin	Read Replies (2) of 769670

'Economy to get ugly ...' dallas.bcentral.com <<snips>> "If this downturn came from business-sector spending, you can't turn it around with interest-rate reductions alone. Do businesses really spend money and hire people because rates go down? Our thought is that it's sales and earnings that drive business spending," Sinai said. Sinai recommends additional tax cuts in the range of $125 billion be "restrained by what the market can tolerate." He includes income-tax reductions for middle- and lower-income families to stimulate consumption, as well as reducing Social Security tax rates for individuals.

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