12/1/08

A simple proposal to Mr. Obama

Dear Mr. Obama,

The economy is in a mess. Consumers are in deep trouble. Asset prices are collapsing. Jobs are disappearing at a fast pace.

I have simple idea.

Instead of all the myriads of stimulus plans, why not cutting tax rates by 50% across the board. The budget is in a mess anyway. Cutting taxes will stimulate investing and spending immediately.

Sincerely,

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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