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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (1729)5/23/2003 7:17:32 AM
From: LLCF  Respond to of 4912
 
I'll still never understand why they wouldn't take the opportunity to simply raise the income folks could make and pay no taxes [or very minimal taxes]... bwtfdik

PLUS the rich guys getting those dividend deals [hand goes up] are just going to sell their dollars anyway! -ggg-

Ooops, there is goes... I guess at current account deficit of a million a minute, a bounce is hard to muster:

quotes.ino.com

DAK



To: Wyätt Gwyön who wrote (1729)5/23/2003 11:17:57 AM
From: GraceZ  Read Replies (1) | Respond to of 4912
 
What you are essentially saying is that you think the government can invest that money more efficiently than the private sector. Or maybe you are saying it is better to give the cut to those that would use it for consumption rather than investment. To make a good decision beyond the political rhetoric you have to ask yourself where does the money come from to grow an economy, does it come from consumption or investment and savings?

Its usually at this point someone brings up over capacity. If you look at a 20 year chart of capacity you'll see that we had an even higher rate of unused capacity back in 1983 after years and years of underinvestment caused by the high tax rates and prohibitively high interest rates. Once taxes were lowered and the inflation rate started to fall, companies and individuals invested more and the economy entered an extended period of good growth. So much for over capacity.