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To: Dee Jay who wrote (29974)	2/28/2001 5:27:34 PM
From: kvkkc1	Respond to of 42804

ot: Yeah, you're right about getting hollered at. The liberal democrats refused to cut spending which was supposed to happen along with the tax cuts. It never happened. Now, with a conservative President and congressional majority, we'll see if the spending can be controlled. Clinton was the luckiest sob in the world as far as the economy was concerned. His tax increase and overregulation would have strangled the country if the Republicans hadn't taken control of congress in late 94, which happened to ignite the market rocket from early 95 to March 2000. The market has been in a malaise since March of 2000.knc

To: Dee Jay who wrote (29974)	2/28/2001 5:43:52 PM
From: Greg h2o	Respond to of 42804

i won't "hollar" at you. but that's very misguided or just plain twisting the facts. i won't type til i'm "blue in the fingertips" because it would do absolutely nothing toward changing your biased view. if you think this economic dowturn is due to bush being elected, you really need to seek some sort of help.

To: Dee Jay who wrote (29974)	2/28/2001 5:45:14 PM
From: Regis McConnell	Read Replies (1) \| Respond to of 42804

Truths, are always stranger (or is it more complex?) than fiction. A very fine read which raises more questions than it answers. Most provocative & relevant. Message 15419912 Message 15419920 PS... Greenie gets my vote for Grinch. Guess I'll take my tax rebate & go buy that pair of sneekers & fill up my truck w/gas. Maybe there will be enough left over to pay Febs gas bill! Funny how the only inflation I can see is in energy, but I'm sure George Jr. will save us by tearing apart the Artic Wildlife Refuge so those Texas cadilacs can keep a runnin'. Hey this is gonna be fun, just like the 'ol days, we can all go get jobs on drillin' rigs. Regis

To: Dee Jay who wrote (29974)	2/28/2001 8:18:52 PM
From: Bridge Player	Respond to of 42804

You are right, Bush's tax cut is the wrong thing to do. That's because it cuts the wrong taxes. Congress should: eliminate taxes on all capital gains, long or short term, and all dividends and interest. No other tax cuts are necessary, or desirable. ALL.....repeat, ALL of the money thus invested has ALREADY BEEN TAXED ONCE!!!! The economy, and the market, would both take off like a scalded cat and not look back. The next 5 years would truly be something to behold. Joblessness would essentially disappear, the dollar would soar, and foreign investment would pour into this country like water. And the standard of living of everyone would improve. The chance of this happening is roughly the same as the chance that Nixon would survive an impeachment vote in the Senate, on the day that Goldwater visited the Oval Office. May I suggest that you read Joseph Schumpeter.

To: Dee Jay who wrote (29974)	3/1/2001 11:22:03 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

here's where the economy turned (seven months ago), when i believe Gore was actually leading in the presidential race. it's called inventory build: <<The nation's manufacturing activity shrank for the seventh straight month in February but it showed signs the sector may have weathered the worst of the downturn, according to the National Association of Purchasing Management (NAPM).>> this could also be signs we're starting to pull out of this economic downturn. you see, when the fed hikes interest rates (which i would find it hard to believe "W" had anything to do with, considering it began before he even stated he was RUNNING for office), it slows down the economy. buying begins to slow at the corporate level and then works its way through the economy to the extent that consumers eventually begin to feel the crunch (especially, when the wealth is erased due to a 60% decline in the nasdaq). btw, let's see if the tax cut doesn't stimulate the economy a little and further increase the tax base. my overall marginal tax rate declining from about 60% (39% federal, 6% state and 15% for self employment taxes) to 54% is welcomed relief, but still RIDICULOUSLY HIGH for what i recieve from our wonderful omnipotent government! of course, that doesn't begin to weigh sales taxes, gas taxes, property taxes, etc, etc, etc. then, when i'm unfortunate enough to take my "dirt nap", i get to pay taxes on the amount that i worked hard to save (after ALL OF THOSE TAXES). wealth redistribution has never worked and it never will. paying someone to sit on their fat a** while i work hard just doesn't sit right for the average american. oops.... maybe i should say the average american with any self respect and a decent education (whether it came from a school, their parents, their church, the school of hard knocks, or any of the above).