So if you are going to rule out interest rates as a potential turn around tool because it hasn't worked yet you have to axe tax cuts too by the same flawed logic. Not to mention that every economist knows interest rate cuts are a stimulous. Now I'd be quite willing to go over why that is if you want to continue on this line that rate cuts won't work. Rate cuts have been been sparse for quite awhile because the Fed doesn't want to over stimulate the economy, the same reason they didn't want Bush's first tax cut before the economy went South. If they haven't worked yet is because there of the time delay on impact or there haven't been enough. A time delay which is even more pronounced for the impact of a dividend rate cut.

Regards,
Mark