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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bert Herman who wrote (122888)	8/22/2000 6:27:22 PM
From: 5dave22	Respond to of 1570498

Speaking of Dem/Rep and Economy - I just got my September copy of Worth magazine. There is an interesting article "Gore vs. Bush vs. Your Stocks". A good read. There is also an article on Intel's portfolio. Worth checking out. Dave

To: Bert Herman who wrote (122888)	8/22/2000 6:50:04 PM
From: TimF	Read Replies (1) \| Respond to of 1570498

OT but cutting taxes in an environment which fears for overheating and inflation is about the most stupid thing you can do. Bert, I think the economy is slowing down and any tax cut would be for next years taxes and some of the effect would be delayed until April 2002. Also I think cutting taxes is better as a long term strategy. If W is going to cut taxes and then raise them again then any benefit is minor. If taxes are cut and they stay down then the long run benefit would be worth it even if it did cause a recession in the short run. As for crippled people in the streets in other countries I'm not sure how that is relevant to US tax rates or government spending (unless you are proposing that we increase taxes and spend it on aid to crippled people in other countries). One of the things I remarked on my last trip was that you see much more paralised and criple people in the streets. Now, you see people in a wheelchair here also, but what surprised me most, all of them seems to be poor. which leads me to the conclusion that: A) a lot of those people wouldn't be in a wheelchair if they had more money for health treatment. B)The money they receive from the gov. doesn't seem that much. And C) people like you and obviously a lot of Americans seems to think that's O.K. because "the less a government does, the better for all of us." A - I doubt it, maybe a very few not a lot. B - Quite a lot of money is spent on Social Security disability payments and other government programs for the sick or disabled. C - The less government in general, the better for the country as a whole. That does not mean that every cut in every government program makes every single person better off. Tim

To: Bert Herman who wrote (122888)	8/23/2000 1:19:57 AM
From: tejek	Respond to of 1570498

OT One of the things I remarked on my last trip was that you see much more paralised and criple people in the streets. Now, you see people in a wheelchair here also, but what surprised me most, all of them seems to be poor. which leads me to the conclusion that: A) a lot of those people wouldn't be in a wheelchair if they had more money for health treatment. B)The money they receive from the gov. doesn't seem that much. And C) people like you and obviously a lot of Americans seems to think that's O.K. because "the less a government does, the better for all of us." Bert, You don't know how foreign your argument sounds. There are a few states in this country that have an attitude similar to yours, and typically those states have a better quality of life that the others. Unfortunately, this country has had a tradition of fearing/loathing gov't and cities.....and consequently neither is in very good shape. ted