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Information Junky
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,167
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Whoa. . .back the money truck up a bit.
This is not about rasing the stockmarket prices to boost the economy. Equating stock performance to the condition of the economy is a rookie mistake.
This Republican Party may believe in lower tax rates, but smaller government? I don't think so. They see, a vibrant economy as a means to get more tax dollars. It's a "velocity of money" thing (econ101). . ."trickle down" was a Regan era thing which really proved the "velocity of money" power.
Warren Buffett works for his own benefit, and is quite good at it. Don't think for a second that what he says is said because he's trying to do us a favor.
BTW "half the household wealth" is what is taken in taxes as it is.
Someone said "there are those who make it happen, those who watch it happen, and those who wonder what happened."
If a government (or business) pushes out "those whom make it happen" then the rest are SCREWED!
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