SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ColtonGang who wrote (42922)10/5/2000 11:37:14 AM
From: Neocon  Read Replies (2) of 769670
 
I reiterate: if we set aside a lot of money for debt reduction, it is not being spent. Therefore, aggregate demand goes down sharply, which is recessionary. It is the flip side of Keynesian deficit spending, where a sharp rise in demand is stimulative. We should retire debt as it comes due, set aside a little to ensure against fluctuations, and keep most of the money in circulation. Both Gore and Bush would do that, neither is really going to set aside a lot for debt retirement. However, Gore wants to use the surplus to markedly increase federal power, which means subsidizing things directly or indirectly, through targeted tax breaks. This is likely to distort the market. Bush is willing to leave more money in private hands, and is therefore not so manipulative of the market........
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News