Clinton's Scandals: Is this corruption the worst ever? Message Board

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Politics : Clinton's Scandals: Is this corruption the worst ever?

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To: Les H who wrote (7637)	10/2/1998 12:16:00 PM
From: MulhollandDrive	Read Replies (1) of 13994

Not everybody in this country own real estate. Yeah, re-fi's are great if you're a property owner. Across the board tax cuts help everybody. In fact my son living in CA makes a 6 figure annual salary and he's currently "saving" to buy a home. A rate cut is not helping him, in fact it's hurting. Since he'll be needing his downpayment near term, just about the only safe "investment" vehicle is a money market or short term CD. A tax cut on the other hand puts the money in his pocket NOW and increases his net monthly paycheck. We need to take this window of opportunity we now have with low unemployment, otherwise if consumer confidence continues to fall, we'll start to see unemployment increasing thereby decreasing any surplus and any hope for real tax cuts. bp

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