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Politics : Formerly About Advanced Micro Devices

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To: TopCat who wrote (359390)11/19/2007 4:45:12 PM
From: combjelly  Read Replies (1) of 1587450
 
"..only that we probably were when Kennedy made the cuts."

No, we were probably to the right then.

"My only point has been that deficits are the result of spending more than revenues not (necessarily) tax rates."

The two are closely related. Why you choose to argue that they aren't seems sort of weird. After all, tax rates are related to revenue. And insufficient revenue with respect to spending leads to deficit.

Now, in an ideal world, spending would be cut if the tax rate is cut. But the reality of politicians is unless there is a push from the voters to cut spending, like it was during the early 1990s, it won't happen.
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