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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (49349)	3/19/2001 12:51:27 AM
From: American Spirit	Read Replies (2) \| Respond to of 57584

You should have bit your tongue. My point was, if the market supported Bush's tax plan it would have been rising or steadying. Instead it has been crashing. At best therefore the market sees the tax plan as currently irrelevant. So it makes Bush's message irrelevant. Maybe there's nothing Bush can think of to do but a wise leader would think of a way to inspire the masses. When he says you can have your money back, it's a sham. Very little is coming back with his plan and not for years. Much of it not until the next administration. And most goes to the upper income. That should help the market, one would think. Therefore why isn't anyone buying? Because they know our surpluses will be gone by the time the tax cut kicks in. So it's negative revenue, so it adds to the deficit, and where are you going to cut spending? Medicare? Social security? One place he's cutting is environmental protection. Anyplace else you see we need cuts? He's not cutting defecne or education. Where else is there?