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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: Gottfried who wrote (24934)4/8/2011 12:52:42 AM
From: etchmeister  Read Replies (1) of 25522
 
Under President Bush's plan, an average family of four's inflation-adjusted disposable income would increase by $4,544 in fiscal year (FY) 2011, and the national debt would effectively be paid off by FY 2010.4

The plan would save the entire Social Security surplus and increase personal savings while the federal government accumulated $1.8 trillion in uncommitted funds from FY 2008 to FY 2011, revenue that could be used to reform the Social Security and Medicare systems and reduce the payroll tax.5

I'm posting this as a caution against trusting any long term economic forecast - longer than 3 months


they just shelled out another $ trillion to 2% - the devil always shits on the same pile - that's a fact - they actually continue to believe it would create jobs - why bother to create jobs when you can run up crude and other commodities - completely fubared.

FUBAR? It means 'Fucked Up Beyond All Recognition.'"
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