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Politics : PRESIDENT GEORGE W. BUSH
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To: greenspirit who wrote (149221)5/28/2001 3:17:14 PM
From: CYBERKEN  Read Replies (1) of 769670
 
The 10-year surplus was projected at around 10 Trillion back in November, and was raised to 5.6 trillion afterwords. The tax cut will not stop it from rising again, and that will trigger another tax cut, or improvement of this one.

Now, I agree that these projections are BS, no matter which side makes them. The only solid truth about economics is that cutting tax rates creates more revenue, and thus not only has a zero cost, but actually has a positive revenue effect. That truth is fought desperately by the liberals, because it gives the lie to their socialism. The moral imperative of giving back to the private sector that which is being stolen from them is the theme that Republicans need to defeat liberals in this decade...
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