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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (13113)2/18/2003 11:58:51 AM
From: Jim Willie CB  Read Replies (1) of 89467
 
the six myths from the crash, most excellent, thanks Scotty

Myth #1: The consumer is two-thirds of the economy: as long as she is spending, we can avoid recession.

Myth #2: Lower interest rates and easy credit will promote recovery.

Myth #3: George Bush, Gordon Brown, Monsieur Mer and Signori Prodi and Tremonti are right: government spending can promote growth.

Myth #4: All tax cuts are good: those on dividends will drive equities higher.

Myth #5: We are staring deflation in the face.

Myth #6: Stocks always go up in the long run. The rally will start next quarter, or the quarter after that, or the quarter after that.

nice dig, jim

p.s. this thread's name is not my request
a more acceptable name is forthcoming, with your name on it
you are an excellent newshound
and worthy of your own thread
if you choose to focus more often than not on politics, so be it
with my nickname no longer associated, no problem
good luck to you
I will always hang around, now and again
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