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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: chomolungma who wrote (44631)10/10/2000 1:16:19 PM
From: flatsville  Respond to of 769667
 
>>>The rich have a high propensity to save compared to the low-income taxpayer that Gore's plan supposedly favors. To be consistent, you'd need to argue that it's Gore's plan that will increase demand and hence inflation.<<<

Noticed the trend in asset inflation lately? Seen a historic P/E chart lately?

This is clearly a bigger threat to the economic well being of the U.S. than the average working person with a few more dollar in his pocket that might be used to buy real things produced by real people than more stock at inflated prices.

dismal.com
(pull down to first chart)

What will the rich with more dollars to save and invest do to that chart?



To: chomolungma who wrote (44631)10/10/2000 2:12:12 PM
From: Patricia Trinchero  Respond to of 769667
 
I'm a Democrat not a liberal..........by the way what is a liberal?