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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (22867)10/30/2001 8:35:31 AM
From: JRI  Read Replies (2) | Respond to of 52237
 
*OT* Off that article:

<Rubin countered that consumer spending was the key to recovery. He said lawmakers should focus on getting money into the pockets of low- and moderate-income workers. "People at the bottom of the income scale spend all the money they earn," reasoned Rubin, who is worth more than $100 million. "If you give it to them, they're going to spend it. If you give it to me, it's not going to affect my spending patterns.">

This is pathetic and part of the problem <Rubin's solution>

I'm starting to believe that we should fund an office "Reasonable Household Finance/Spending/Saving"....focusing totally on teaching economic literacy.......Teach kids household finance in school from 5 years and up....Have programs, tests for adults

(Then again, I'm also in favor of everyone having to take coursework/test before they have a kid too-g)

We have an entire economy built around ridiculous lifestyles (even among poor), and its becoming/is a threat to national security, IMO. And Bozos like Rubin want to use the current system to keep the party open half an hour later....instead of reform.

BTW- I also think the big corporate tax cut deal back to '86 was an absolute joke...