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: Tenchusatsu who wrote (275459)2/19/2006 7:50:25 PM
From: tejek  Read Replies (1) of 1576619
 
Ted, But are you ready to present your case without prejudice?

At least I can respect your opinion, even if I vehemently disagree with it. Seems like some people can't even respect mine.

Unlike some others, you seem to be a reasonably intelligent adult. When you take the same stance as those others, even if somewhat diluted, its rather surprising/disturbing.

yet your response is some recovery is better than no recovery. Well that's true..... a moped is better than no wheels at all, but don't you prefer your beamer?

Of course I prefer something better than this, but as I've told you before, I believe it could have been worse, and that what Bush did was soften the blow.

Its not clear instituting tax cuts softened the blow. There is no definitive proof that trickle down economics works. The country was experiencing a stock market recession due to overspending in the tech sector. There were other parts of the economy that were doing well. In fact, the DOW rallied for the next year after the Naz cratered.

Hence, even if trickle done works, the level of tax cuts was an example of overkill. Unfortunately, the GOP promotes trickle down ad nausem to justify the tax cuts and presumably to placate its constituency.......but there has never been concrete evidence that it stimulates the economy out of a recession.

So what would you have done differently?

Lowered the Fed rate and moderately increased gov't spending. I think that's all it would have taken.
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