The tax cuts are speeding up the economy and that's a fact.

The GDP grew at a rate of over 7% in the third quarter.
This represents a rate only equaled 19 years ago after
President Reagan's tax cuts.

If you want a thriving economy just allow the people to
keep their money. They will certainly spend it.

S.Simon


"two wheels" wrote in message ...
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When the economy is humming along, the deficit cures itself. That's
what the tax cuts were for--to prime the economic pump. Tax and
tariff policy is about the only power government has over the
economy. They can slow down the economy with tax increases (as in
California) or speed it up with tax cuts. That's it.

two wheels


http://story.news.yahoo.com/news?tmp...id=749&e=1&u=/
nm/20031030/bs_nm/economy_dc

Economy Rocketed Ahead in 3rd Quarter
By Tim Ahmann

excerpt:
- ----------------------

WASHINGTON (Reuters) - The U.S. economy rocketed ahead at its
fastest pace in more than 19 years in the third quarter of 2003 as
consumers, their wallets fattened by tax cuts, went on a buying
spree, an unexpectedly strong government report showed on Thursday.

U.S. gross domestic product surged at a 7.2 percent annual rate in
the July-September period, the Commerce Department said. It was the
steepest climb since the first quarter of 1984 and more than double
the second quarter's 3.3 percent rate.

Three other reports on Thursday also suggested a firmer recovery was
taking root -- new claims for jobless benefits and a help-wanted
index suggested some stability in the labor market, while companies
spent more on wages and benefits.

The jump in GDP (news - web sites) growth, which also reflected a
big gain in business spending, outstripped forecasts on Wall Street,
where economists had looked for a rise closer to 6 percent.

- ----------------------



On Thu, 30 Oct 2003 12:31:56 -0500, "Schoonertrash"
wrote:

So what? Does it matter? Of course not. It hasn't mattered for
well over
sixty years. Didn't matter under Clinton, Bush Sr. Reagain,
Carter, Ford,
Johnson, Nixon (did I leave out anyone?), Eisenhower . . .
correction . ..
Nixon did something to correct it partially and Kennedy tried to do
so.

Measured against GNP as a percentage it's nothing. That's the
arguement
Doug used on me last time. Once you invoke that you are home
free. The
rest is just silliness like worrying about five or ten nukes in N.
Korea.
Hell . . .I'm used to worrying about ten thousand plus of the
things pointed
at me. Neither do I worry about the National Debt or the annual
budger
imbalances . .. .


[SNIP]


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The GDP grew at a rate of over 7% in the third quarter.

During the same period, an additional 41,000 jobs were lost.

Don't forget wage freezes, salary cuts, factory closings and benefit
losses...all at record highs.

Capt RB

And, don't forget the impossible situation with medical
insurance with 41 million people un- or under-insured.

"Bobsprit" wrote in message
...
The GDP grew at a rate of over 7% in the third quarter.

During the same period, an additional 41,000 jobs were lost.

Don't forget wage freezes, salary cuts, factory closings and benefit
losses...all at record highs.

Capt RB

I pay $230 a year for the supplement to my primary insurance. That policy
cost me 20 years of work initially to earn. I pay about $70 a year for
Divers Assistance Network diving and medevac for any reason from anywhere in
the world. Through the union I have complete coverage on yet another policy
for 120 days of work the first year and 60 days minimum every year
thereafter. So . . .lets see . . . .two complete policies plus the DAN
costs me . . ..carry the 7 and .. oh yes . . . .$300 per year or $25 per
month and at least 60 count them 60 whole days of work. 'course . . .you
gotta be willing to actually work but in my industry there's plenty of it.
And if I was to go down THAT road again insurance for family (any number
from one to whatever) would be another $230 a year with no pre existing
condition exclusions.

WHAT insurance problems?

What? Easy for me to say? hmmmmmm True! But then of course, not
belonging to the privileged classes, I had to go out and work for it.

It ain't rocket science.

Have a nice day

MST

That's the problem... many people work for it but never get
it. Or, they have it, use it, then get laid off and can't get it
again for a variety of reasons, including the new employer
not offering it, they can't afford it because rates have gone
up, or they're denied coverage because of prior conditions.

"Schoonertrash" wrote in message
...
I pay $230 a year for the supplement to my primary insurance. That policy
cost me 20 years of work initially to earn. I pay about $70 a year for
Divers Assistance Network diving and medevac for any reason from anywhere
in
the world. Through the union I have complete coverage on yet another
policy
for 120 days of work the first year and 60 days minimum every year
thereafter. So . . .lets see . . . .two complete policies plus the DAN
costs me . . ..carry the 7 and .. oh yes . . . .$300 per year or $25
per
month and at least 60 count them 60 whole days of work. 'course . . .you
gotta be willing to actually work but in my industry there's plenty of it.
And if I was to go down THAT road again insurance for family (any number
from one to whatever) would be another $230 a year with no pre existing
condition exclusions.

WHAT insurance problems?

What? Easy for me to say? hmmmmmm True! But then of course, not
belonging to the privileged classes, I had to go out and work for it.

It ain't rocket science.

Have a nice day

MST

The wonderful thing about National Medical Care provided free of charge by
the Government.... everyone is covered.

CM

"Jonathan Ganz" wrote in message
...
| That's the problem... many people work for it but never get
| it. Or, they have it, use it, then get laid off and can't get it
| again for a variety of reasons, including the new employer
| not offering it, they can't afford it because rates have gone
| up, or they're denied coverage because of prior conditions.
|
| "Schoonertrash" wrote in message
| ...
| I pay $230 a year for the supplement to my primary insurance. That
policy
| cost me 20 years of work initially to earn. I pay about $70 a year for
| Divers Assistance Network diving and medevac for any reason from
anywhere
| in
| the world. Through the union I have complete coverage on yet another
| policy
| for 120 days of work the first year and 60 days minimum every year
| thereafter. So . . .lets see . . . .two complete policies plus the DAN
| costs me . . ..carry the 7 and .. oh yes . . . .$300 per year or $25
| per
| month and at least 60 count them 60 whole days of work. 'course . .
..you
| gotta be willing to actually work but in my industry there's plenty of
it.
| And if I was to go down THAT road again insurance for family (any number
| from one to whatever) would be another $230 a year with no pre existing
| condition exclusions.
|
| WHAT insurance problems?
|
| What? Easy for me to say? hmmmmmm True! But then of course, not
| belonging to the privileged classes, I had to go out and work for it.
|
| It ain't rocket science.
|
| Have a nice day
|
| MST
|
|
|
|

"Capt. Mooron" wrote:

The wonderful thing about National Medical Care provided free of charge by
the Government.... everyone is covered.


What? Free? Me thinks not CM, why do you suppose we have the privilege
of paying some of the highest taxes in the world? You and I and the rest
of the middle class pay the brunt of the cost.

Cheers
Marty

Eventually . . .if the examples of Canada and England are to be followed. I
recall the medical community in British Columbia shutting down and heading
South for the winter whent he funds ran out. I also recall selling a lot of
supplemental, high deductible catastrophic care insurance policies to
Canadians. My largest customer base by far. Your example is truly great . .
..especially if you are more equal than other pigs. My $230 a year
supplement, for example, is military retirement insurance. The base plan
(no charge except 20 years of work) is so good it's not accepted in many
places because of the difficulty in getting paid in something reasonably
approaching a timely manner. That's why I add the supplement, DAN, and
union insurance. To the extent it does work the gov't insurance is fine . .
.. .but then I have all of you paying for it. A large economic base is
needed to support a small amount of users. Ask the taxpayers of Oregon how
well it works even when prioritized and limited.

Sorry . . . .the theory does not match the reality and the number one reason
for increase in cost of medicine is government intervention. Do you really
think we union workers are going to give up our good coverage for another
failed government program? Even the government union workers aren't that
silly.

MST

So when you go to the check out line and are asked "Paper or Plastic?"
Answer them, "Doesn't matter I'm bi-sack-ual."

Not completely free, but an excellent example of what we should
look at when reformulating ours. Ours does have some benefits...
more hi-end research is funded and there is more disclosure of
problems to name two.

"Capt. Mooron" wrote in message
...
The wonderful thing about National Medical Care provided free of charge by
the Government.... everyone is covered.

CM

"Jonathan Ganz" wrote in message
...
| That's the problem... many people work for it but never get
| it. Or, they have it, use it, then get laid off and can't get it
| again for a variety of reasons, including the new employer
| not offering it, they can't afford it because rates have gone
| up, or they're denied coverage because of prior conditions.
|
| "Schoonertrash" wrote in message
| ...
| I pay $230 a year for the supplement to my primary insurance. That
policy
| cost me 20 years of work initially to earn. I pay about $70 a year
for
| Divers Assistance Network diving and medevac for any reason from
anywhere
| in
| the world. Through the union I have complete coverage on yet another
| policy
| for 120 days of work the first year and 60 days minimum every year
| thereafter. So . . .lets see . . . .two complete policies plus the
DAN
| costs me . . ..carry the 7 and .. oh yes . . . .$300 per year or
$25
| per
| month and at least 60 count them 60 whole days of work. 'course . .
.you
| gotta be willing to actually work but in my industry there's plenty of
it.
| And if I was to go down THAT road again insurance for family (any
number
| from one to whatever) would be another $230 a year with no pre
existing
| condition exclusions.
|
| WHAT insurance problems?
|
| What? Easy for me to say? hmmmmmm True! But then of course, not
| belonging to the privileged classes, I had to go out and work for it.
|
| It ain't rocket science.
|
| Have a nice day
|
| MST
|
|
|
|

On Fri, 31 Oct 2003 07:12:55 -0400, "Capt. Mooron"
wrote this crap:

The wonderful thing about National Medical Care provided free of charge by
the Government.... everyone is covered.

And everyone pays.


Hero@Horvath

I don't spend my money on food. I spend most of my money
on women, porn, booze, and recreation. The rest of it I just waste.