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To: Ilaine who wrote (49013)	12/19/2000 10:44:25 AM
From: LLCF	Respond to of 436258

<Why do you say cutting taxes would cause a depression? > No, you asked what GREENSPAN would do... less or more likely to ease given an impending tax cut? DAK

To: Ilaine who wrote (49013)	12/19/2000 11:10:47 AM
From: Mike M2	Read Replies (1) \| Respond to of 436258

CB, one reason why the supply side experiment failed is there was a consumption boom instead of the hoped for investment boom. The current situation is far worse since consumption as a % of GDP has never been higher leaving less for investment and assuring less growth in the future. Baby brats are too impatient they want everything now and are willing to drown in debt to get it. We have mortgaged our future. They will learn about tough love the hard way! ho ho ho Mike