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Politics : Impeach George W. Bush
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To: jttmab who wrote (9811)1/24/2002 5:22:33 PM
From: greenspirit  Read Replies (2) of 93284
 
Money doesn't lay idle. That's ridiculous. Money gets churned and used in millions of different ways. Unless you stick it under a mattress, or bury it in your back-yard.

In the bank, if joined by enough people, maybe a business received a loan they wouldn't have. In a mutual fund, if joined by enough people, maybe a company upgraded their plants and equipment in anticipation for the next upturn.

A Ten trillion dollar economy doesn't turn around overnight. And tax reductions are only one variable in a complex web of variables. But they do stimulate the economy. So due interest rate reductions.
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