Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (21911)	8/1/2002 4:38:02 AM
From: smolejv@gmx.net	Read Replies (2) of 74559

>>but imagine how much better off we'd be now if our politicians had balanced our budget since 1980 instead of supplying huge sums of illusive "tax cuts" to help fuel an asset bubble<< Why tax cuts? I guess what started the idea, was another case of "rid my lips" - republican promise to "get the big government out the electorate's hair" or something of this kind -. However, that the tax cuts got through, was due to something like getting chewing gum out to fix the popped baloon - J6P would start to wonder much sooner about what actually is happening. One thing is sure still true:"It's the economy, stupid!" dj

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