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

To: Karen Lawrence who wrote (206785)	12/3/2001 6:26:43 PM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769670

What all the details are is very complex. But I believe that businesses must be stabilized first. Businesses decide on the numbers of folks based upon cashflow over a time frame. Every expense that gets reduced allows them to apply it to maintaining workers. In small companies I believer there is a real desire to not lay off friends, co workers. Companies create or maintain jobs based upon confidence and expenses and what they can afford. Investment tax credits and writeoffs stimulate buying that inventory and that gets fed back to those who manufacture. It's a perspective of the chicken and the egg. We have different perspectives. tom watson tosiwmee