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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (45306)8/26/2010 6:01:40 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "The actual results, on the question of how the tax cuts effected the economy...."

AND SPENDING PRIORITIES.

It takes *both* to make up a budget.

But revenue --- once forgone --- must either be REPLACED (by acquiring new sources of revenue for offsetting the forgone revenues, or by dynamical growth ultimately increasing revenues produced by the remaining tax structure) *or else* is MUST BE OFFSET by matching reductions in current outlays.

Snake oil and mirrors and hot rhetoric won't work... the books must balance.
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