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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (25961)	2/11/2008 2:04:37 PM
From: TimF	Read Replies (1) of 71588

Re: "And you have made an argument that they have done more harm than good (if not directly, than because of higher deficits)" You say you haven't said that, right after saying it again. SPENDING is the other side of the federal budget 'coin' from tax policy. (The one you seem to be trying so studiously to ignore. <g>) Ignore? Hardly, I've mentioned it again and again, and recommended that we spend less or at the very least control increases in spending. When considering the economic effects of government actions, BOTH spending and revenue need to be factored in! But you can consider either in isolation, holding the other constant (of course constant can mean different things, ranging from constant in nominal dollars, all the way to continuing a constant climb in real per capita terms and/or as a percentage of GDP) Pretend for a moment that you control tax levels from the beginning of Bush's administration but have zero control over spending. Would you have cut taxes? Would someone else doing that have been a good thing or a bad thing?

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