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Re: Zeev Hed post# 79191

Saturday, 02/22/2003 7:17:16 PM

Saturday, February 22, 2003 7:17:16 PM

Post# of 704041
Zeev I agree completely. In coming out of the 82 recession they increased govt deficit spending to about 6% of GDP...and it worked quite well. The problem is that stimulus as you suggest, should be immediate, and with a finish date to return to lower deficits. The admin with their permanent tax cuts that wont even kick in till next year is not helping the economy when it needs it ...now...and will greatly expand future deficits imo. Hope thats not getting too political.

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