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Why do I insist on ?tax cuts? being supply side economics ? uhmmm because that?s what it is, you can educated yourself by reading about it here:
http://en.wikipedia.org/wiki/Supply-side_economics
Even further, according to Keynsian economics when you slash taxes in the same way that the Republicans insist on doing it (they?ve been running this scam since Herbert Hoover invented it) it?s a DIRECT CAUSE to ?demand-side inflation?.
From your own posting (Some good stuff for ya)
http://en.wikipedia.org/wiki/Dot-com_bubble
?The late 1990s boom in technology dot-com company stocks is a good example of a bubble, which burst in late 2000 and through 2001.? ? Pretty much states clearly that the recession was on W?s watch, but I can understand why republicans don?t want to accept responsibility ? I mean how many screwups can you have in 6 years? You guys are racking up the screw-up record of all time.
TOTAL LIE refuted by the link above: ?The burst started in Mar. 2000, several months before the election. Many stocks had peaked and began their precipitous drops at that point.?
?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.? ? congratulations and when your son or daughter is grown up and asks ?daddy why do I have to pay for this crushing debt, it was on your watch ? why daddy why?. You can tell your child that you didn?t want to have to pay so you could get $25 more per paycheck brilliant.
? 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.? ? Well we?ve been waiting for SIX YEARS for the republican party to exercise some restraint ? guess what we are still waiting. You guys control the executive and legislative branches of the government and some would even argue the judicial branch as well ? AND YOU STILL CAN?T GET IT RIGHT. Your tax cuts are NOT WORKING. As soon as (which is currently happening right now) foreign governments stop purchasing American Treasury Securities and start moving to the EURO you can say ?bye bye? to tax cuts permanently because you will have nothing to borrow against.
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?? ? You don?t even understand what was just stated do you? I just showed you your argument is flawed and circular and doesn?t hold water. You say that the economy is strong and growing and I just showed you that ?if it?s strong and growing? you don?t need tax cuts, get it? So ? NO I don?t agree. - Posted by: ka0sinc Posted on: 06/02/06 You are currently: a Guest | Members login | Terms of Use
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