Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (586657)	6/30/2004 12:37:53 PM
From: DavesM	Read Replies (1) \| Respond to of 769667

You are correct. I fear a double dip recession more than an increased national debt. As a result of the 2000 market crash, the Federal Reserve, and the Federal Government tried to avert a major economic collapse by both monetary and fiscal stimulus to the economy. As a result, this most recent recession was more shallow than previous recessions. Even so, the economy had 3 quarters of negative growth. But if a Kerry Administration wants to raise taxes, to cover the deficit, that's up to them. The question they'll need to answer is, has the economy recovered enough, and strong enough that a tax increase won't throw the country into recession (remember, the U.S. economy was several years into a recovery, when Clinton raised taxes).