Al Gore vs George Bush: the moderate's perspective Message Board

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Politics : Al Gore vs George Bush: the moderate's perspective

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To: American Spirit who wrote (2547)	10/15/2000 12:26:36 AM
From: TimF	Read Replies (1) of 10042

tax cuts and increased spending amount to the same exact thing. more debt. What difference does it make it's a penny saved or a penny earned. The difference is Al Gore and some people on this thread talk about tax cuts as spending they are not spending anything. . Bush says he trusts people with their money but then charges it to the national credit card. If he charges anything to the "national credit card", it is the government spending he plans. the only way to sell the tax cut to the middle class is to evade and truth and lie. of course it's all to give the rich some more play money. the money the middle class get back will be wiped out by higher interest rates and inflation within a few years. and we'll be deeper in debt. just doesn't make common sense. voodom trickle down economics just doesn't work. name one country where it has ever worked? none. right? It isn't giving the rich anything. It's lettingthem keep some of their own money. I disagree when you say it will cause higher interest rates and inflation but then neither of us have crystal balls. Name one country were "trickle down economics" has worked? = The United States of America. When Reagan cut taxes the economy started growing and has been growing almost constintly ever since (there was only one brief recession since then. The tax intake by the government greatly increased. The only problem was spending exploded and thus we had bad budget deficits. How come when times are bad the story is "We can't afford a tax cut now there is a growing budget deficit", and when times are good economicly the story is "Don't make changes now, everything id going so well." When is it ever time to make tax cuts then? If tax cuts will use up all the projected surplus, or even cause a deficit then cut spending. If we don't cut taxes I think it is very likely that within a few years politicians will find some way to spend the surplus (real or imagined), and then we do have a slowdown it will be impossible to cut the popular new programs. Tim

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