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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Peter O'Brien who wrote (42452)	3/28/2001 12:38:28 AM
From: Steve Dietrich	Read Replies (1) \| Respond to of 64865

<<You are worried about a "fiscal disaster" if the surpluses decrease, even though the current debt level is well within historical norms and less than half of the all-time high. And, you are worried about the paltry little tax cut that Bush, Jr. is serving up even though current taxation levels are at all-time historical highs. Do I have that right, Steve?>> Yes and no. You might want to read up on the budget problems now facing Texas and Florida. Also, budget deficits usually go along with higher interest rates, and for those of us in the market, that is a fiscal disaster. I don't think i'm as political as you are, but i expect competent managers in the White House, just like i do with the stocks i own. I'm not at all confident in our fiscal leadership at this point. And just to hit this Bush logic one more time: He said, "`The American economy is like a great athlete at the end of the first leg of a long, long race -- somewhat winded, but fundamentally strong.'' Yet he proposes giving this winded, strong athlete his Gatorade later? Does that make sense to you? Steve Dietrich