Reminds me a bit of the Clinton health care program. This article is from Salon, but the same information exists in publications across the political spectrum. No need to discuss the details; this is the opinion of the majority of people.

Social Security Reform

They just don't GI. God, I always wanted to say that, but I was always on the wrong side of the discussion. *<)))

Best Wishes,,,,

Z

-- Anonymous, April 03, 2001

Answers

By-the-by:

I do read and understand this stuff. Based on the covarient trends [P/E are variable because profit losses lead to value losses and to further readjustment of P/E values] the predicted bottoms are 500 for the Naz and S&P and 2000 for Dow.

I am heartened by the fact that Economic Departments are usually listed with Social Sciences.

Best Wishes,,,,

Z

-- Anonymous, April 03, 2001

A 2000 Dow? Damn that Dubya is fast wrecker.

-- Anonymous, April 03, 2001

Carlos, were you aware that Shrub's "handlers"....uh, I mean, "advisors", will no longer allow him to say anything until AFTER the NYSE closes at 4 PM ET?

How's that for confidence in our "leadership"?

-- Anonymous, April 04, 2001

] the predicted bottoms are 500 for the Naz and S&P and 2000 for Dow

Damn!!! The bottoms for the NAZ 'n the S&P aren't that far off, but to say the dow will lose another 7000 points?!?!

-- Anonymous, April 04, 2001

As I posted on another thread, I attended a seminar this week given by a, so-called, conservative economist. His thoughts were that the Bush tax cut, as it stands, is making the downturn worse. Why? It returns most of the money to the upper income earners and won't result in increased consumer demand [2/3 of the economy according to him].

As for me, I listen to economists but have learned not to consider their opinions as prophetic.

Best Wishes,,,

Z

-- Anonymous, April 05, 2001

One final note in economics. I work with a number of economists from around the country; product development and that sort of thing. A number years ago [more than I want to remember] one started his talk with a few old chestnuts.

1. If you ask three economists a simple question, you will get three diametrically opposed answers.

2. If you arrange all of the economists in the world end to end, they wouldn't form a line long enough to reach a conclusion.

About sums it up.

Cheers,,,

Z

-- Anonymous, April 05, 2001