Is Republican majority good for the stock market?

buzzy2 · Nov 6, 2002

I know, it doesn't make any difference for intraday traders, but for buy and holders the answer is: it hasn't been good historically.
http://www.cnn.com/2000/ALLPOLITICS/stories/10/26/campaign.markets.reut/
http://slate.msn.com/?id=2071929
NOTE: I am not a democrat and I'm not trying to convince you to vote democrat, just trying to exchange ideas to figure out how to "manage" the next two years.

marketsurfer · Nov 6, 2002

any group that claims they will lower my taxes is on my "like" list.

best,

surf

buzzy2 · Nov 6, 2002

Originally posted by marketsurfer
any group that claims they will lower my taxes is on my "like" list.

Anybody can promise anything, but it's going to be difficult to lower taxes "permanently". Somebody has to pay for this deficit. Anybody here remembers what happened during Ray-gun government??? Supply-side economics anybody?

balda · Nov 6, 2002

"Anybody here remembers what happened during Ray-gun government???"

It was a good times in Russia.

buzzy2 · Nov 6, 2002

balda: hey genius, we are talking about fiscal policy... taxes, spending, federal budget... do you know what these are?

Pabst · Nov 6, 2002

Republican's are good for America, and for society. Anyone who doesn't agree is a left wing Commie.

buzzy2 · Nov 6, 2002

Originally posted by Pabst
Republican's are good for America, and for society. Anyone who doesn't agree is a left wing Commie.

Very interesting and thoughtful but we are talking about the stock market.

marketsurfer · Nov 6, 2002

the needed programs will be paid for by cutting the waste, not by raising taxes.

reagan youth surf

buzzy2 · Nov 6, 2002

Originally posted by marketsurfer
the needed programs will be paid for by cutting the waste, not by raising taxes.

Very good point, but it's still superficial and reeks of hope rather than fact. The numbers don't match. We all know that the only way of reducing a deficit AND lowering taxes is reducing spending (the waste). The only problem is, I haven't heard anybody in Washington advocating an OVERALL reduction in spending which is what you're saying. Or maybe what's gonna happen is that deficit keeps growing, so the next government will have no other option but to raise taxes.

RebateMan · Nov 6, 2002

Originally posted by buzzy2

Very good point, but it's still superficial and reeks of hope rather than fact. The numbers don't match. We all know that the only way of reducing a deficit AND lowering taxes is reducing spending (the waste). The only problem is, I haven't heard anybody in Washington advocating an OVERALL reduction in spending which is what you're saying. Or maybe what's gonna happen is that deficit keeps growing, so the next government will have no other option but to raise taxes.

and let me guess, that'll be a bunch of Democrats lol.