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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (13278)	8/26/2003 11:20:35 PM
From: gpowell	Read Replies (1) \| Respond to of 306849

She brought up the tax cuts and the budget deficit and I countered some of her claims with some facts and ratios. Did you mention ricardian equivalence? A republican friend of mine was railing against home depot and wal mart the other day. Saying how they were driving the little guys out of business. I said, “By offering lower prices? How is that bad?” My friend said, “Because they’re monopolies.” Generally, people form opinions on the fly using whatever shortcut is available. It is usually a short trip to uncover a belief formed on a fallacy. I’m not immune to doing it as well. Usually I don’t react too badly when my fallacies are pointed out.