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

To: Jacob Snyder who wrote (55194)	11/7/2001 10:42:56 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

AMAT Nov'01 MaxPain @ $35.00 ez-pnf.com

To: Jacob Snyder who wrote (55194)	11/7/2001 11:10:04 PM
From: John Trader	Read Replies (3) \| Respond to of 70976

Jacob, A very thought provoking article, I just skimmed it since it is late here. Two quick comments. One is from Harry Dent, the Roaring 2000's author. He has claimed that a major difference between the U.S. and Japan at this time is demographics. He argued that demographics was a huge factor in the decline of the Japanese economy in the 90's, and suggests that we pretty much have the opposite situation here at this time. I don't know if he is right, but I thought I would present this to counter the argument made by the article somewhat. Secondly, I have thought for a long time now that we should not be subsidizing residential real estate in America to the extent that we do. So, I agree with the article about that. It draws capital away from manufacturing equipment, R & D, etc. for industry, and instead gives us two-by-four's and sprawling, energy inefficient housing that can't really be used to manufacture anything. Of course, the home is a big part of the American dream, but why subsidize this? John

To: Jacob Snyder who wrote (55194)	11/8/2001 9:09:29 AM
From: willcousa	Read Replies (1) \| Respond to of 70976

Interesting article. IMHO it misses an important factor and that is high real income taxes. There is some rate at which taxes become a real drag on the economy. I don't know where that is but know that some governments, albeit small ones, have maintained a low flat tax regime and seem to have perpetually good economies. Hong Kong and Singapore come to mind.

To: Jacob Snyder who wrote (55194)	11/8/2001 9:58:33 AM
From: Cary Salsberg	Read Replies (1) \| Respond to of 70976

This article certainly supports your 100% commitment to stocks!<g>