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Politics : Bill Clinton Scandal - SANITY CHECK

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To: DMaA who wrote (57297)7/22/1999 2:11:00 PM
From: Ish  Read Replies (1) of 67261
 
<<Ish should be happy. Greenspan wants to pay off the national debt before we have any tax relief (according to CBS MarketWatch - haven't seen his actual report ).>>

He's a smart man and agrees with me. Actually I would go for a minor tax cut because in the long run they do increase revenue collections.
Too much of a cut and we get inflation and higher interest rates which would hinder paying off the debt.

<<11:56 GREENSPAN: 1ST PRIORITY ON SURPLUS TO PAY OFF DEBT, 2ND IS CUTTING TAXES.>>

The third and unacceptable choice is more spending programs.


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