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Politics : PRESIDENT GEORGE W. BUSH

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To: DuckTapeSunroof who wrote (492563)11/14/2003 4:13:54 PM
From: AK2004  Read Replies (1) of 769670
 
re: Surely you are not lumping every conceivable expense into this grab-bag?

not at all but you are forgetting that 911 affected more than just airline companies. Semis (pride of US) experienced huge delays due to delivery issues and minor things like that. 1.5T is a very very conservative estimate

re: could net a positive gain of $300 - $500 Billion just by lowering compliance costs.

that sounds like money created, remember that it is a zero sum gain - effectiveness and stimulus can be improved which is a huge thing but money would not be created

re: >>> The gains from eliminating tax-based, un-economic incentives are immeasurable...

IMHO, things are not that simple. Each change positive or negative creates may create some uncertainty (instability) which in turn may negatively affect the market in way that it might wipe out all the benefits of the changes

There is some thing to be said for upsetting equilibrium. Russia may be a good example. While all of the changes toward free market economy are good not all of the effects are positive
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