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reagan represented an impossible idea at the time....cut taxes and return
the gov's money to the ppl....especially with a hostile dem congress and
senate then. just show's ya that when a popular idea takes root in the
public's mind, no political forces can prevail against it. but gov (especially
military) spending went up and now the soviet union exists only in history
books and communism is in decline throughout the world. definitely worth
a few trillions debt, imo one termer??? gore, yea; bush, nope, if he gets
a rep congress and senate....we agree that some forces are at work that
are greater than politics, and the market's back won't be broken until 2008,
when the money flows from the market.
i think reagan blew it when he cut deals with the saudi's to keep oil prices
low in the 80's, and now we're paying the price.
funny, but look at the divergence between crude going up and gold going
down....ides of march????
TJ, the d. a. (devil's advocate)
also funny that there's a history between microsoft and reagan....the stuff
that economic revolutions are made of :)))
At Wed, 8 Mar 2000 14:25:45 EST, TradeWynne@xxxxxxx wrote:
>Some might just look at the charts and say: "market broke out of a twenty
>year base circa 1882." Others might use this to make their political
>points.
>Make no mistake, I'm not giving Clinton credit for the Bull.
>
>Curious though, did taxes and government spending go down 1980 to 1992?
>Want
>to take bets on increased government spending and increased taxes next
>term
>regardless of who is elected?
>
>Here is a prediction for you: whoever the next president is he will
>be a one
>termer. He will be blamed for the breaking the bulls back. After all,
> there
>will have been a twenty year rally out of a twenty year base circa 2002.
>
>FWIW, I don't argue the four year cycle point. In fact, it favors the
>idea
>that it does not matter who is in office, the same cycle exists.
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