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Beazer Homes USA Inc. Message Board

  • quicksilver_magik quicksilver_magik Sep 29, 2001 1:52 PM Flag

    Economic snowball starting to roll..

    As more people lose their jobs, they will have to cut their spending and that leads to more job cut backs and more people cutting spending , which leads to more job cuts, etc.,etc..Where and when this will end???Who knows..The Fed is and has been shooting blanks..They wish they had inflation now..All the talks of tax cuts going into what appears to be a long,drawn out war..Where is the money going to appear from to fund this war and all the refugees that it will surely create..A capital tax cut sounds good for the investment community or does it really..I do believe that the opposite of the desired effect may occur.Instead of encouraging more buying the people who have been holding will be encouraged to sell and take advantage of the tax cut..Our world has a dilema before it and I feel that no matter what we do the economic cycle, that is part of nature, will take us where it dictates..You breathe in and you surely must breathe out..Good luck ..

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