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Politics : American Presidential Politics and foreign affairs

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To: Peter Dierks who wrote (60844)1/4/2013 2:01:45 AM
From: RMF  Read Replies (1) of 71588
 
I'm not going to read all that stuff.

I'm an accountant from my undergrad years and if I were analyzing a business that was VERY successful 12 years ago and is currently a dismal failure I'd look at the DIFFERENCES in the business in those two different times.

What happened to the sales (revenues) and what happened to the expenses?

The revenues were CUT by lower tax rates and lower economic activity caused by a major and lasting recession.

The expenses were INCREASED by two wars, expanded homeland security and expanded government.

HOW would you remedy that? It's a TOUGH one.....
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