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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (5191)	1/16/2004 6:20:23 AM
From: ChrisJP	Respond to of 110194

Supply Siders -- You've got it twisted around! Basically what he was saying is that in his opinion it would have been smarter to enact policies that would have repeated the mistakes leading up to the Great Depression (tight money leads to failed businesses leads to jobs losses which leads to more failed businesses which leads to even more lob losses, and so on) that to try and buy some time and let market forces weed out weak companies or non-competing products and services. I think his opinion sucks. I'm kind of glad we're not yet in another Great Depression. But that's just me. I gotta say thought, I'm not too happy that Bush's government spending "get re-elected at all costs" policies -- which makes him in many ways a bigger, worse '60s spend-spend-spend Democrat than the '60s Democrats ever were. Chris