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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: elmatador who wrote (79293)5/21/2008 3:49:51 PM
From: John Pitera  Read Replies (1) of 116555
 
Yep, the Pols will be putting puntative taxes on several economic sectors. That's the lion share of the reason tha Arthur Laffer has changed his 25year long bullish outlook for the American economy. He was interviewed on Kudlow's show along with 3 others about 8 weeks ago and he said that Democratic tax increases and other structural changes within the tax code and regulatory environment was causing him to be negative on future US growth and economic performance trends.

John
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