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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: RealMuLan who wrote (8289)1/21/2003 12:05:02 PM
From: MSIRead Replies (1) of 306849
 
"A payroll-tax cut will be a boon to the economy, stimulating more spending just when we need it. If you hadn't noticed, the economy is almost comatose. The Federal Reserve Board can't get it moving even after twelve rate cuts because there aren't enough customers for all the goods and services that can be produced. The best way to get consumers to buy more is to put more money in their pockets.

And since employers would no longer have to pay their share, they'd have an extra incentive to keep more people on their payrolls. The Bush estate-tax cut gives more money to a handful of rich families that already spend as much as they want."

It'll be interesting to see how bad things have to get
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