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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (478565)5/6/2009 5:04:31 PM
From: Steve Dietrich  Read Replies (1) of 1574997
 
Didn't you claim that you're supposed to increase taxes in times of economic prosperity?

Yes, and that's exactly what Clinton did. Revenue was up and growing, the deficit was on it's way to extinction.

That's what Keynesian economics calls for. And it worked.

Maybe you're too simple minded or too dishonest to appreciate this, but if the economy is expanding and you're running surpluses, you don't need to raise taxes then. You might even want to cut them a little here and there.

Or is that too reality based for you?

SD
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