[lbo-talk] "pretty darn happy"

Chuck0 chuck at mutualaid.org
Fri Jan 9 15:19:10 PST 2004


Doug Henwood wrote:


> It's more a subsidy to Wall Street. Give a millionaire a $50k tax cut,
> and s/he's likely to buy some stocks!
>

Eureka! So THIS is how they are priming the pump and making the economy look much better than its real miserable state?!

I was trying to figure out why the stock market has kept going up in value despite the absence of a constant stream of good news.

So when does this all crash back to earth? Before November?

Chuck0



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