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Politics : PRESIDENT GEORGE W. BUSH
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To: Zoltan! who wrote (128831)2/23/2001 11:00:13 AM
From: Little Joe  Read Replies (1) of 769670
 
Zoltani:

Although you may be right about the tax cut, I think you could be wrong. I don't think the current economy is nearly as bad as other times when tax cuts worked to stimulate the economy, and I am not sure that a tax cut would have the same stimulative effect. Also, I think I am correct that the Reagan and Kennedy tax cuts were much larger on percentage basis. It may be that if the cut is not large enough, it won't stimulate the economy and it will add to the deficit, giving the worst result possible.

Little joe
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