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"Why would any rational human being want to ?slow down? the economy."

When it grows too fast, it collapses. Too high of inflation does this. And yes, I had it backwards...but my point is the same: in early 2000, Greenspan began lowering rates, dramatically, after *having waited far too long*.
http://www.goodmortgage.com/pop_ups/popup_fedratetable.htm

And about those tax cuts...why do you keep insisting that is "supply side" economics? Tax cuts increase *demand* for goods, by giving consumers more spending capacity.

"Consumers do NOT have more money to spend the cold hard facts are ... wages have been stagnant for the last 6 years while costs in energy and healthcare have sky-rocketed"

I agree that wages have been far too stagnant, and that healthcare costs are out of control. I don't see how either is an argument against tax cuts. To me, that only makes it the more obvious: cut taxes, kill programs we simply don't need, and...get some real malpractice reform to keep healthcare costs reasonable. The point is, an economy that has 40% of middle-class earnings going to taxes is inherently unhealthy.

Some good stuff for ya:
http://www.newsmax.com/archives/articles/2006/1/31/90119.shtml
http://en.wikipedia.org/wiki/Dot-com_bubble

The burst started in Mar. 2000, several months before the election. Many stocks had peaked and began their precipitous drops at that point.

"lol what ?new? money have they to spend ... tax cut money I think not ... unless you happen to bring home more than a million a year your tax cut is almost nothing."

Fabrication...as soon as the first "W" tax cut was in force, I saw an immediate increase in my paychecks. I'm not in the millionaire class. I don't even make 6-figures.

"And oh NO we do not need more tax cuts we need to pay for our government NOW and not shift the IOU onto our children."

Wrong. We need to cut spending...and taxes. There need not be IOUs if we'd stop spending on the ridiculously huge programs that are absolute waste and crap.

"Tax cuts are one of the FEW things propping up this economy right now and everyone knows it."

"Taxes are NOT far higher now ... they are far lower now for the champaign class then they've ever been while taxes for the middleclass ARE high"

So...you agree? There should be more tax cuts?

Posted by: techboy_z   Posted on: 06/02/06 You are currently: a Guest | Members login | Terms of Use

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