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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Zoltan! who wrote (133898)3/28/2001 5:01:32 PM
From: Neocon  Respond to of 769670
 
"A Random Walk Down Wall Street" is my investment Bible. Burt Malkiel is a fine economist......



To: Zoltan! who wrote (133898)3/28/2001 5:05:52 PM
From: Kevin Rose  Read Replies (1) | Respond to of 769670
 
Rubin's plan calls for MORE tax cuts now, and less later due to the uncertainty of the projections 5 years out.

"A big tax cut today (front-loaded and passed as soon as possible) will not only strengthen our defenses against recession but will help us meet our long-run economic challenges by crowding in capacity-creating investments"

Rubin IS proposing a 'big tax cut' now, bigger than Bush's. So, you ARE in favor of Rubin's plan. Gee, and you didn't even know it...

Right now, the stock market is having more of a 'drag' on consumer spending than high taxes. Hopefully that will change, and a tax cut might propel at least consumer confidence higher, and possibly drag the stock market with it. Here's hoping.