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: SilentZ who wrote (222302)3/6/2005 12:30:59 AM
From: i-node  Read Replies (1) of 1575737
 
My friend, who's a PhD student in economics, says that his studies say just the opposite...

Yeah, yeah, yeah.

and Greenspan's comments bear this out. You have a national sales tax (consumption tax, whatever), to encourage savings, which lowers consumption and reduces productivity.

I can find nothing in Greenspan's comments that "bear this out". He [correctly] pointed out that a consumption tax presents innumerable transition problems. If you have a link/quote supporting your statement I would appreciate your posting it.

Your argument, in effect, is that we shouldn't encourage savings because that will reduce productivity. I think your PhD student might want to gyrate on this concept a bit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News