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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Beachside Bill who wrote (50020)	12/12/2003 12:21:59 PM
From: Kelvin Taylor	Read Replies (1) of 53068

Hey Bill, The DOW hits 10K up nearly 20% or so this year. GDP grew at over 8% in the third qrt. Economic news has been strong. One report in the CC # doesn't mean much, IMO. The tax cuts and low interest rates by the FED has made what we have today... an IMPROVING economic recovery. You also stated back in August 1 of this year this post: "With personal debt to income at the highs there will be new lows in the future, but, the tax cut will provide a little stimulus before that point delaying the inevitable." You simply are wrong in your view that it didn't work. Keynesian economics is working. That is not me saying it...it's the data.

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