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February 06, 2003

Jobless Economy


Yes, cutting taxes on dividends is far more important than government spending on new jobs and taking care of the health care and other needs of the poor and unemployed.

Posted by Nathan at February 6, 2003 07:39 AM

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Comments

Are there no workhouses? Are there no prisons?

Not that Bush would support so socialistic a thing as a "workhouse." Free labor is what prisons are for, after all.

Posted by: Kevin Moore at February 7, 2003 12:37 PM

The economical crash of 1987 started the downward economical cycle . The economical crash of 2000 started the downward economical cycle. They were both followed by a final suckers rally that began 2.5-4 years after the crash. This ended in the mini crash which lead into the recession of 1990/1. The 2000 suckers rally/mini-crash should happen in the next 12 months.

So, when you compare 2003/4 to 1990/1, you are comparing apples to oranges.

Posted by: Jim Coomes at February 10, 2004 07:20 PM

The economical crash of 1987 started the downward economical cycle . The economical crash of 2000 started the downward economical cycle. They were both followed by a final suckers rally that began 2.5-4 years after the crash. This ended in the mini crash which lead into the recession of 1990/1. The 2000 suckers rally/mini-crash should happen in the next 12 months.

So, when you compare 2003/4 to 1990/1, you are comparing apples to oranges. You are comparing an economical crash to a recession. (Forget the NBER definition of a recession.)

Posted by: Jim Coomes at February 10, 2004 07:22 PM

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