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

To: DuckTapeSunroof who wrote (696482)	8/14/2005 3:56:05 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 769670

I would love to see those. There is no doubt that the Fed has a huge impact on the economy. Housing does impact it; I suspect it had a larger impact during the seventies than it does now. I have been struggling to understand the current housing economy though. Defense fell drastically and its rediscovery could have an impact, I don't buy the theory without some evidence. I will admit that tax reductions were not the only thing driving recovery. FYI I have seen evidence that a stable tax policy is not efficient. Periodic changes in the tax winner list spur changes in investments that stimulate the economy.