THE NEW SWING VOTER

New York Post ^ | 1/12/03 | DICK MORRIS

[kattracks]

January 12, 2003 -- THE economic calculus behind President Bush's repeal of the tax on stock dividends may or may not be sound, but there is no faulting its political math. Investors, more male than female and older rather than younger, are the swing vote of the '00s, just as soccer Moms were the keys to the politics of the '90s.

[Clemenza]

Couldn't have said this better myself. The "soak the rich" rhetoric doesn't work, thanks to the fact that know anyone from a police officer to a small businessman to engineer owns stock.

[Mo1]

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[Nick Danger]

Morris seems to be advancing the idea here that the entire decline in stock values can be attributed to crookery of various sorts, and that there exists money somewhere with which to "repay" investors who saw their portfolios decline in value.

To hear him tell it, one political party or another will reap great rewards by going after the crooks and restoring investors' wallets to the size they were at the height of a speculative bubble.

Morris should stick to sucking toes, which is something he knows a little bit about.

[Political Junkie Too]

The problem with "restitution" is that our uneducated masses will hear it and then demand "reparations" as well. Restitution will only further the decline of race relations, as it will be perceived as government payback for wrongs against whites, while reparations (government payback for wrongs against blacks) will be ignored.

-PJ

[aristeides]

If predictions I have read that ending the tax on dividends will raise stock prices by abou 10% are accurate, this reform would go a long way towards restoring what people have lost in the stock market.

[AntiGuv]

LOL! What a wonderful notion. It'll be the amazing perpetual-motion economy! Invest every dime you have in the markets. If you profit, way to go! If you don't, no worries! The government will simply compensate you for your losses. What do you possibly have to lose?!