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To: J_F_Shepard who wrote (172529)	1/17/2003 11:48:43 AM
From: Robert Salasidis	Read Replies (2) \| Respond to of 186894

Clinton :-) Seriously however, I don't think there is anything government can do to help the economy in the very short term - with exception of getting out of the way. Short term stimulus packages do not change people's behavior in the long run, and this is especially so at the corporate front. It is therefore important to set up the best environment for business and for the people that will be working in them. Cut taxes both at the corporate and personal level, eliminate any investment and capital gains taxes, eliminate as much red tape as possible (tort reform will go a long way toward that goal). Shift as much tax to the consumption side as possible (with enough excemptions to those on the lower income brackets). A prime example of what can be accomplished by cuttting of corporate taxes and setting up an environment that is compatible with the desires of business is Ireland. To that end, I think what Bush is doing has great long term consequences (just as what Redagan did before him). The critics suggestions that his plans will have no short term effect are to a large extent true (however their solutions are no better short term - and much worse long term). In the long term however, I see the cutting of taxes and legal red tape will significantly add to the US economy. I am Canadian, and I just pray that some day we will have a government that will see the light and follow that example.