SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (171055)6/12/2003 6:49:06 PM
From: tejek  Read Replies (1) of 1583798
 


In any case the advantage "that they let people keep more of their own money", was a moral one not an economic one. (the 2nd advantage I listed was the economic one) When people can keep more of their own money we have more freedom, less forcible confiscation of income, and in many ways more opportunity.

Well you and Mr. Bush need to get in sync......he sold the tax cuts on the basis that they would provide an econ. boost to the economy.

What makes you think people will invest with their tax cut monies?

They will invest it or they will spend it or they will put it in savings and checking accounts in institutions that lend the money out to others. Few people will put it under mattresses.

You had better hope they spend it on goods or stocks because if they save it, there will be no immediate boost to the economy.

It isn't a matter of spending our way out of a recession.

It is for me......I think that's the best way to get out of recession.

First of all tax cuts aren't spending but besides that I was listing the long term benefits of reduced taxes, not the short term economic boost. Not only will more money get privately invested if the government takes less of it but that investment will be better targeted because there is less need to invest it in such a way as to reduce the tax burden.

You are making an assumption.....there is no guarantee that it will work the way you suggest.

ted
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News