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

To: freeus who wrote (25822)	12/19/2000 12:56:11 AM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

FreeLady, you are an idealistic dreamer tax cuts go to spending on somewhat discretionary projects 80 million families struggling to get by and you think they will put the extra $70 per month into stocks ??? incredible I am pretty stupid these days, but that tops my ignorance no, Suzie gets some shoes Johnny gets a soccer ball Mom gets a new dress and Dad gets a few cases of Budweiser NOT, family buys 2 shares of CSCO what a laugh in the 1970's and 1980's, the govt would fight recessions with tax cuts it led to incremental spending of consumer items like a shooting star, and lasted just as long in the 1990's, the govt fought recession by opening the supply of money at lower cost it led to massive investment of new companies, and expansion of existing companies like a factory, it produced better products, more efficient machinery to produce those products, more jobs, and more savings toward retirement I favor a combination of tax cuts on a small scale and lower FedFunds rates matching the 30mo TBill yield that produces more money in consumers hands instead of IRS coffers and feeds the growing companies of this fine Amerrrican land / jim