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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (89770)	2/22/2001 6:32:30 AM
From: Mike M2	Read Replies (2) \| Respond to of 132070

Ild, look at the US in the 30s or Japan in the 90s to see the magic of lower rates. I expect AG to cut until the dollar tanks but with no lasting impact. We are due for the worst economic hangover since the 30s. mike

To: ild who wrote (89770)	2/22/2001 7:37:31 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

ild, He will try and fail, IMHO. He fired up in the air in celebration so often during the good times that he no longer has any bullets left in his gun. Cutting rates can only do so much and now that the rate cuts are ushering in inflation, they will hurt more than they help. Also, he no longer has a Democratic administration. The Republicans will play their usual Hoovernomics game. A tax cut for the wealthy won't do much damage, but it won't help much, either.