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To: Robert Salasidis who wrote (117386)11/12/2000 3:28:10 PM
From: Scumbria  Read Replies (2) | Respond to of 186894
 
Robert,

This is the basis to the arguement that the growth in the economy over the last 15 or more years is a direct result of the Reagan tax cuts of the early 80's.

The 1981 tax cut was followed by huge tax increases in 1986, 1990, and 1993. These were necessary to keep the Government from falling into bankruptcy after the 1981 tax cut and spending increases.

Scumbria



To: Robert Salasidis who wrote (117386)11/13/2000 1:03:59 AM
From: Amy J  Read Replies (1) | Respond to of 186894
 
OT Hi Robert, RE: "It takes time to start a new business... In fact most companies or individuals being prudent would likely take several years to make studying new business oportunities prior to investing."
------

Action, speed and execution, are prudent. If a startup waited several years, just thinking and analyzing, some other startup would get there first and capture a market the other folks were just thinking about.

Btw, there are various stages of investing and these are all associated with milestones, where each stage progressively irons out the biz risk (product risk, market risk, channel risk, or competitive risk, etc.), which is why valuations go up as achievement of each stage reduces the risk.

Regards,
Amy J