But, he said, tax increases in West Germany would weakened domestic demand.
The unemployed have already risen and will rise further, weakening demand.
The reductions are risky, analysts said, because they could further weaken demand for cars and trucks.
Alstom has been hurt by weakening demand for power equipment, reporting a loss of $1.58 billion for 2002.
Lower rates would weaken demand for marks by making mark-denominated deposits less attractive.
Higher prices could ultimately weaken demand for Champagne, he said, and push down the price of grapes.
That, he added, would further weaken demand for crude oil.
The casino increases city wide crime and the Gigamall weakens demand for local commerce.
But that same sentiment weakened demand at an auction of new five-year inflation-protected securities.
These actions are weakening demand instead of strengthening it.