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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (28067)1/28/2003 2:23:32 PM
From: Mike M2  Read Replies (1) of 74559
 
Ray, all levels of gov't spend too much IMO. I wasn't aware that this was the first time the Federal govt cut aid to the states but i still feel gov't must share the pain with the private sector. Many workers have been pressed to do more for less - gov't should do the same. The gov't workers will get their pensions even if it means tax increase . The private sector must adjust to smaller 401ks - they are on their own. Many residents are facing stiff local property tax increases add to that increases in taxes at the state level. Enough. The governor of CT says his budget must have tax hikes matched with spending cuts - sounds reasonable. mike
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