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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (47718)6/7/2001 1:16:09 PM
From: michael97123  Respond to of 70976
 
Ian,
40 billion can buy alot of stuff and clear alot of inventory and provide a boost for new production for christmas and so on. Americans will spend this money on cars, clothing and yes Virgina on computers, cell phones, and wireless devices. This Democratic addition to the Bush tax cut may actually be what gets us out of this slow growth recession we are in. Its a pure Keynsian demand-side play which I think this economy needs. Am I crazy for thinking this? Mike