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Pastimes : Things That Amuse Me

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To: mph who wrote (9393)4/9/2004 11:32:56 AM
From: Mark_H  Read Replies (2) of 12669
 
Here's some gems on the economy that you'll find amusing. Before you click on the links, guess who it is!!!

More rate cuts are expected. With almost no inflation the Fed will be at liberty to cut and keep cutting. This and tax cuts will fuel the economy.

Message 15133691

Don't forget we have a tax-cut coming up. This combined with lower interest rates will increase the money supply quite a bit, and with almost zero inflation - look for companies and people to start buying more gadgets and services again.

Message 15219269

More rate cuts will come this month and the next. After that it all depends. But that's probably enough. Also by then tax cuts will take center stage. Trent Lott has promised them by July and they might even be retroactive. Will also include some capital gains cuts.

Message 15291705

Greenspan and Bush have apparently agreed to do something forceful about this slow-down (possible recession). Greenspan agreed to reduce rates into the spring and Bush is going to cut taxes which will be in effect by summer. The money flow will therefore greatly increase and save a lot of companies. It will also reduce debt costs, improve purchase and sales, housing and generally give this economy the boost it needs to go into the 2nd half in fairly decent shape.

Message 15296405
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