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Strategies & Market Trends : Asia Forum

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To: GuinnessGuy who wrote (2852)	4/3/1998 11:52:00 AM
From: Sam	Read Replies (1) of 9980

Craig, The problem with the tax cut is, I think, this: that it would work if one of the premises of most modern economic theory that "rational" people will buy buy buy when the cost goes down, and they have more money in their pockets. However, though this premise may work in the US right now, or perhaps in Europe, in a culture that is conditioned to save save save people do not just go out to buy buy buy just because prices fall fall fall or they have more money money money. Why are the people in this aging society going go out and buy buy buy? Is this what they are really waiting with baited breath for? (Apologies for the stutter stutter stutter.)

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