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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (8849)11/6/2002 11:15:57 AM
From: Wharf Rat  Read Replies (1) of 89467
 
"All kind of spending will be unleashed". I agree, and capital gains taxes will be cut, corporations will get additional tax cuts, the budget deficit will head way south. The feds are going to be sucking up a lot of money from the private sector, so interest rates, and interest payments on the debt, will both increase. Probably privatization of SS will be back on the table. I'm sure glad it wasn't privatized during the last several years; my SS is doing better than my IRA.
As for the tax cuts, the Repubs realize they are in competition with the government for our money. If we pay less in taxes, there is for more for us to give to them.

Off to visit my mom overnight. CU.

WR
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