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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Lee who wrote (3231)2/6/2002 9:21:43 AM
From: Sam   of 3536
 
Lee,
You said it: "Lower auto production, airplane production, and the need to fill unused capacity is a drag on this economy." There is slack capacity everywhere. Bush's stimulus plan is another typical Republican plan tilted toward wealthy individuals in order,he says, to encourage investment (except the rebate and unemployment extension which were bones thrown to the Dems). We don't need more investment right now, we need more demand. Accellerating the tax cut and making the estate tax repeal permanent will do nothing for that, it will, IMHO, just make the deficit worse.

My opinion,
Sam
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