PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Karen Lawrence who wrote (206795)	12/3/2001 8:57:10 PM
From: Thomas A Watson	Read Replies (4) of 769670

What a particular individual does is what a particular individual does. There is a huge costs to laying off people. There is always the question of bridging the cycle. Any thing that changes cash flow effects whether a company increases or decreases jobs. As fixed outgo reduces a companies ability borrow. Both change the analysis of what work force can be afforded. Investment tax credits change the equation of the cost of buying new equipment or using old. All companies wish to bet on success and reducing their expenses makes buying goods or employing more longer possible. Companies are in all states, growth, constant and contraction. Reducing costs allows all more freedom to invest in new equipment or maintain or grow the number of workers. In a few companies maybe all the money goes to the pockets of the guys at the top. But I believe overall that lowering the cost of doing business creates jobs and spending far more efficiently than providing less incentive to find a job with companies with less ability to hire. tom watson tosiwmee

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