Current Events — HabitableZone

Current Events » in reply to So, it's all the tax cuts?

According to Uncle Alan, the economy should grow at 3.5% in the 4th quarter

All the stimulus seems to be working:

-Tax Cuts
-Low Interest Rates
-Low Dollar to encourage exports
-Oil prices have stableized
-Spending on Ted Kennedy's Legacy (A bone for all you Keynsian's)

If supply side economics holds up (and I'm betting it will), we should see the deficits begin to go down significantly in 2004.

Hopefully, we'll even get back to a surplus by 2005.

Time will tell!

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