The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (12935)	8/22/2003 11:23:16 AM
From: MulhollandDrive	Read Replies (2) of 306849

>> This happened while they were still at full employment. It's a perfect example that government spending doesn't expand because of need, it expands because tax revenues available are higher. << exactly. gotta spend that surplus...if they didn't the taxpayers might suddenly wake up and wonder why their gov't is running a surplus while they are cutting and trying to make ends meet...always better for a gov't agency to go hat in hand for more funding...and they get away with it because there is no real oversight to spending.. i'm sure you remember the grace commission report <<gg>> at the time it was determined that fully one third of tax receipts were going to fraud and waste.... taxstatement.cc

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