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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (99533)1/20/2008 1:10:34 PM
From: Lizzie TudorRead Replies (1) of 306849
 
Romney has been on the talk shows today talking about his stimulus package. It sounds like his is more expensive than Bush's at over 200 billion, they did not specify the exact amount.

I am not in favor of too many of these, but anyway, his seems to have 2 elements 1)allow corp capital expenditures to be expensed for 2 years and 2)lower corporate tax rates.

I am not too sure about the tax rates but the capital expenditures is a good idea. It is a wise use of taxpayer dollars and can lead to extended benefits for the country. Yes it is expensive but some thought went into it and there is value on the dollars being spent. This is what you get when you have a top business guy proposing solutions, you get real solutions instead of the kneejerk Bush reaction which is just to throw onetime pork at every issue. I was impressed with him on TV today.

He talked about energy independence too, and said the us spends 1 billion per day on foreign oil - I didn't know the actual figure well that sucks. Bush did nothing but increase that.
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