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To: limtex who wrote (101911)	7/21/2001 9:51:41 AM
From: Robert Scott Diver	Read Replies (1) \| Respond to of 152472

What party is most often identified with "anti-business"? Which party was most opposed to the stimulative tax cut? Can any blame for the current economic situation be applied to that party? If the "recession" started with the previous administration, how much blame should be apportioned to the current administration? What relevance does the last economic slowdown occurring during the current president's father's administration have to evaluating the current administration? When did this thread turn into a political forum? I am hoping you do respond to this post. TIA, Scott

To: limtex who wrote (101911)	7/21/2001 11:11:04 AM
From: JGoren	Read Replies (3) \| Respond to of 152472

depression--nonsense. you're an alarmist. technically we may not even be in a recession, yet, because we may not have had two consecutive quarters of negative growth. the real problem is if the earnings recession continues much longer and the layoffs continue, the consumer will shut down his spending. growth next year is forecast at near 3%; it could be better if the FED had more sense and stopped trying to tinker so much. the tax cut rebate should spur the consumer until the i rate cuts affect kicks in. there needs to be a capital gains tax cut and changes to the depreciation rates to spur investment. but, the Democrats won't let that happen.