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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: gpowell who wrote (13840)9/23/2003 1:08:49 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>I’ve asserted that tax cuts in the absence of spending cuts have zero economic effect.<<

that's b/c you only consider the whole as one entity.

you transferring all your wealth to me has "zero economic effect" using you same standard, but it isn't gonna happen, gp. right?

seems YOU would feel a very large economic effect as a result of that action, even though the "whole" (which you assume and doesn't really exist) sees no effect.

why is that, IF it has "zero economic effect?" hint: i already answered this question.

once you answer this question, you will begin to understand that some of elroy's arguments are very valid. he just doesn't assume your theoretical single entity as you do.

in reality, neither do you. you know "zero economic effect" doesn't make something okay, which is why you won't sign all your wealth over to me - even though there is technically "zero economic effect."
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