Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KymarFye who wrote (59321)	9/23/2000 2:54:25 PM
From: Les H	Read Replies (5) \| Respond to of 99985

Both candidates' plans are tied to the stock market. Gore's plan is considerably worse since it's an extension of the income redistribution entitlements, such as the Earned Income Tax Credit. In fact, many of the recipients of the supplements to the Plus plan will have already received tax credits to offset FICA taxes and some will have essentially paid no FICA tax as a result. policy.com Gore's plan is also going to be more susceptible fraud as was the case of the Earned Income Tax Credit. One can just pull the money out of the plan after receiving the matching funds.

To: KymarFye who wrote (59321)	9/25/2000 11:39:11 AM
From: flatsville	Read Replies (1) \| Respond to of 99985

Kymar-- >>>The role of the election should also be considered. If the market crashes instead of rallying into the election that might normally help the challenger, except that Bush has based so much of his program on economic optimism. His tax program presumes a massive surplus--it's like selling puts on the American economy at a point when it's at historic highs. His Social Security program is likewise tied to optimism about the stock market. And the public still looks to Democrats for protection when the economy stumbles. So it appears the Republicans can't win for losing: Resumption of the upswing seems to favor the party in power. A downturn and uncertainty would seem to favor the populist/government activist.<<< Excellent analysis. There's also the matter of where that 1 trillion dollars will come from under the Bush plan to keep SS solvent should his plan be implemented and then works perfectly. <ggg> My understanding is that the Bush proposal so alarmed those intimately familiar with the system that a former Social Security commissioner along with an economist and another concerned expert penned an open letter to Bush asking that he explain this in much greater detail. I cannot now find the news link to the article. If you have it please post.