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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (130690)1/24/2001 4:27:12 PM
From: TimF   of 1581932
 
Obviously the GDP is not going to be allowed to grow any faster than it has been. The FOMC has made this clear every meeting for as long as I can remember.

I am not asking for it to grow faster then it has been in the past few years. However now it is slowing. In the long run I think we are more likely to see a rate of growth like what we have had in the past few years if taxes are lower.

Don't worry about the debt. It is our children's problem, not ours.

I didn't say that. The debt should be reduced by restraining the growth of government. The taxes are the theft not the borrowing. The borrowing will result in future theft when taxes are needed to pay the interest on today's borrowing. If less is spent less will have to be borrowed.

Like Rush always says: "It's your money".

It is.

Tim
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