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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (131877)	2/7/2001 4:09:11 PM
From: TimF	Read Replies (1) of 1571204

Comments like "$1.6 trillion isn't very much", are an indication of a major disconnect with reality. It is a lot of money from almost any normal human perspective. However it is the total amount over time over the whole of a large and rich nation. You could try to estimate its effect out 100 years and get a figure well over 10 times as large but would it be useful? I find the best way to measure tax cuts is by the percentage of GDP or by the percentage federal tax revenues are reduced, or perhaps by the percentage marginal rates are reduced. By all of these measures this tax cut is noticeably smaller then Reagan's and is also smaller then Kennedy's. It is not huge doesn't change our country to any significant extent is is a marginal change. Many people might not even notice the lower tax bill all that much. Edit - It is probably best for human beings to not view their lives in terms of geologic time I was just responding to Ted's statement about the ANWR being detsroyed forever. (Or more specificalyl "for good"). I might have been nit picking but the statement was technically inaccurate. Tim

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