| 1. The largest tax
cut in US history passed in 1981. |
Agree
Disagree |
|
| 2. The tax cut
passed in 1981 was even larger than the one proposed and passed by President Kennedy. |
Agree
Disagree |
|
| 3. The US has been
in a period of economic growth for several years. |
Agree
Disagree |
|
| 4. One
indicator of economic growth is a rising stock market. |
Agree
Disagree |
|
| 5. The stock
market is often a leading indicator of economic things to come. |
Agree
Disagree |
|
6. The current bull market in stocks started in August, 1982.
|
Agree
Disagree |
|
| 7. This bull market
in stocks has continued with relatively minor pauses and corrections up to the present
day. |
Agree
Disagree |
|
| 8. The ups and
downs of the economy do not occur with regularity; i.e., the economic cycle does not
always swing up and down for the same lengths of time. |
Agree
Disagree |
|
| 9. The ups and
downs of the economy may last for several years or more; that is, 1, 5, 10, or even
15 years. |
Agree
Disagree |
|
| 10. The US
economic boom has had some relatively small set-backs over the last several years, but
then recovered to continue on to new heights. |
Agree
Disagree |
|
| 11. The US
economic boom was started by the large tax cut of 1981. |
Agree
Disagree |
|
12. The U. S.
government recently reported that unemployment is down to 3.9%, the lowest level since
1970 and inflation remains below 3%.
Do most people recall that the 1960's 2% inflation rate and
the 1970 3.9% unemployment rates were followed by the 1973-76 Bear Market in stocks (one
the worst of the 20th century) and the insidious
double-digit inflation that prevailed during the 1970s and culminated in the prime rate
going over 20% in 1979?
|
Yes
No |
|
| 13. The US
economic boom has continued due in part to the implementation of technology into all
aspects of most people's daily lives. |
Agree
Disagree |
|
| 14. The US
economic boom has supported the global expansion of trade and prosperity evidenced in much
of the Western hemisphere, Asia, and Europe. |
Agree
Disagree |
|
| 15. Global
expansion of trade will result in development of manufacturing, import and export, and
improved life-styles for most civilized nations that participate. |
Agree
Disagree |
|
| 16. Regarding
the 'new economy' & stock market:
The so-called 'new economy' is actually the information technology department of all
companies that produce tangible products and services. There is no 'new
economy'. The old economy is the same economy that has existed since organized
commerce started several centuries ago. The stock market will have reached bottom
when the majority of people comprehend this concept. |
I see that
I don't see that
Wrong - there is a
new economy! |
|
| 17. I am: |
Female
Male |
|
| 18. My age group
is: |
Under 20
20-29
30-39
40-49
50-59
60-69
70
& older |