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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (6580)	2/28/2001 1:27:10 AM
From: Roger A. Babb	Respond to of 19633

Tom, it was not the substance of the President's speech that I found so positive, in fact I disagree with much of it. Rather it was the upbeat tone, the proactive "let's get the job done" approach that played well with most people and I think could begin to re-inspire confidence. A real turn around from Clinton who I mostly agreed with on policy but would not have left him alone with anything of value.

To: Tom Hua who wrote (6580)	2/28/2001 8:20:06 AM
From: Triffin	Read Replies (1) \| Respond to of 19633

Tom .. Politics & Surplus .. I just don't get it .. Why can't Congress and the Administration formulate an agreed upon policy for how the budget surplus is to be deployed .. (ie) so much debt reduction, some increased military spending, some tax relief etc etc and whatever else is on the 'wish list' ... Then, wait until the governments' fiscal year is over and they have a 'hard' number for the surplus ( deficit? ) Once they know that there is a surplus of some amount then and only then does it get applied to the agreed upon areas .. Forecasting a government surplus ranks right up there with forecasting the weather or where this market is going <gg> .. 'cept when Tom is making the forecast .. :o) Seems crazy to legislate a huge tax cut when you can't know with certainty what the 'income' side of the equation is going to be .. Jim in CT ..