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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Ex-INTCfan who wrote (21142)11/30/2000 2:15:44 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
tax cut works from bottom up, puts money in JohnQ, JillQ hands
assists consumer spending

rate cut works from top down, aids liquidity in banking/stock arenas
assists investors and stock appreciation

we need both, because the Fed screwed up
last Soft Landing: Asian Meltdown
which ironically, the Fed is given credit for ending
they contributed on large scale toward it
Asian economies were weak and teetering
but the Fed raised rates as a final tweak

/ JW



To: Ex-INTCfan who wrote (21142)11/30/2000 2:46:53 PM
From: surfbaron  Respond to of 65232
 
Intcfan: You sure are ambitious. Retroactive tax cut hmmm..