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Politics : Foreign Affairs Discussion Group
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To: jttmab who wrote (158416)2/23/2005 9:13:59 AM
From: michael97123  Read Replies (1) of 281500
 
I am Larry Kudlow to your Paul Krugman. I dont think either of us is irrational in our views. Economists argue about this all the time. I have bought into capital creationism/supply side hook, line, not always sinker though. I do think AG and W were stimulating the economy in a combo keynsian/supply side sense by targeting tax cuts for folks who would either spend or invest. Doesnt mean i was 100% for every mood made. For instance, i thought there should have been a FICA holiday on first $X of income for low earners who werent eligible for tax cuts because they paid no taxes. A family with 20K in earnings might get a $1200 rebate in that scenario. mike
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