PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Nadine Carroll who wrote (132256)	3/18/2001 3:27:46 PM
From: greenspirit	Read Replies (3) of 769670

Quote from George Will... ------------------------------------ It is repellent to hear the political class complacently discussing tax cuts as if they are just one of three options for using the surplus, in no way morally superior to spending or debt reduction. The nation's economic product is not the government's property. The gusher of money that comprises the surplus did not well up, like oil from Spindletop in 1901, because government punched a lucky hole in the ground. The money got into the government's hands because the government extracted it from productive Americans, using tax rates that are too high because they extract too much. Judged by their projected results--large, chronic surpluses--the rates do not establish a reasonable relationship between pressing public needs, as distinct from political appetites, and the private sector's wealth-creating capacity. ---------------------------------------- Feb. 18, 2001 - from "Rational semi-exuberance", published by the Washington Post Writers Group

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