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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (67314)	11/12/2003 9:37:44 PM
From: Harvey Allen	Read Replies (1) \| Respond to of 94695

It must be admitted that rarely have the authorities in any government applied more stimulus to the U.S. economy: Taxes are cut, twice; interest rates are reduced to historical lows; the dollar is cheap; and the deficit, $374 billion and counting, is exerting a massive Keynesian stimulus. Democrats could reasonably argue that any economy that did not respond to this kind of stimulus would have to be termed clinically dead. But they cannot claim it, because they opposed the principal stimulus: the tax cuts (the obvious countercyclical response to the recessionary effects of the bursting of the high-tech bubble in 2000). washingtonpost.com Wonder if this is already out of control?