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To: William Hunt who wrote (169204)	8/9/2002 3:21:31 PM
From: L. Adam Latham	Read Replies (4) \| Respond to of 186894

Bill: Re: only way out is to freeze the tax cut and to find someone to have enough guts to say no. Typical liberal mentality - raise taxes to cover short-term deficits. How about another choice, such as reducing pork-barrel spending and eliminating governmental fraud and abuse? You think Enron and WorldCom are bad? There's probably 10 times the waste in the Federal government. Adam

To: William Hunt who wrote (169204)	8/10/2002 8:02:41 AM
From: Road Walker	Respond to of 186894

Bill, re: The only way out is to freeze the tax cut and to find someone to have enough guts to say no. I agree. It's amazing to me how fast we have wasted the hard earned fiscal discipline of the Clinton administration and a very good Republican congress. I don't give them all the credit, remember when all the polls showed that Americans would prefer a balanced budget to a tax cut? When the Bush administration came in, it seemed to signal an end to any thoughts of a balance budget. It was a rare for our politicians to achieve that level of discipline, instigated by the Republicans and embraced by the Clinton administration. I doubt I'll see it again in my lifetime. I don't know if it is coincidental that we had our greatest bull market at the same time. John