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To: Alex who wrote (57063)	8/6/2000 2:25:06 PM
From: Rarebird	Read Replies (2) \| Respond to of 116972

<Sounds to me like you're sayin.......... "It's different this time :)." Well, hasn't it already been different this time? That doesn't mean that short sharp corrections have been repealed. It also doesn't mean that Bear Markets have been repealed either. But a Japanese like Downturn in duration is almost impossible in the US today. The Federal Reserve, in conjunction with either the Democratic or Republican Administration that is currently in power, would initiate massive market friendly economic measures, such as enormous tax cuts, which have been proven to stimulate investment and light a fire under growth at the first sign of trouble. Aren't we hearing talk about this now? All Japan did was lower rates. By itself, that does nothing to get a country out of deep recession. Government spending by itself is not sufficient to sustain growth.