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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MrGreenJeans who wrote (24593)10/17/2004 3:14:18 PM
From: GraceZRead Replies (3) of 306849
 
Thanks. I read his paper on why Americans work longer hours than Europeans. I agree with his assessment that the Bush tax cuts weren't enough and that the deficit is largely due to huge increases in spending. Kennedy was the first president to embrace tax cuts as a way to grow the economy, Reagan the second. In between most everyone else has rolled the tax rates up and increased spending. The compromises that W had to make to get his tax cuts through the Congress largely killed any chance that they'd have a large or lasting effect. Now we face the possibility that even those paltry cuts will be rolled back so we can continue the war on wealth that ultimately makes everyone poorer, especially the poor.
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