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Politics : PRESIDENT GEORGE W. BUSH
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To: SecularBull who wrote (354929)2/6/2003 2:34:22 PM
From: TigerPaw  Read Replies (1) of 769670
 
the wealthy will not spend the tax savings, and are more likely to invest and save.

There is no problem now with a lack of capital. There is a lack of demand for the capital that is available. Junior's tax cut will not only fail to stimulate the economy but will ultimately cause a wasteful increase in housing, land, and collectable prices while ballooning the deficit.

TP
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