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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Softechie who wrote (15946)1/29/2003 5:21:36 PM
From: yard_man  Read Replies (1) of 19219
 
I like any cut in taxes -- but step back -- the whole idea of stimulus is bone-headed in the first place. it can only make things worse. We don't want to stimulate consumption or the acquisition of more debt now --

This kind of stimulus is something we've had non-stop for years -- any more of it and the economy will be dead.

Need to let the natural process of debt liquidation take place. It's just the price of the party -- you can't drink shots to cure a hangover. It just doesn't work ...

We've got no problems here with consumptive demand, it's so strong as to be insane -- the problem is non-performing debt.
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