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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (59899)11/5/2000 7:25:11 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 769667
 
Lets spend more on the military and defense. We can do it with the revenue generated by the Bush tax cut. Huh? How does a tax cut produce more revenue when the economy is running at full employment? In a full employment situation, a tax cut is inflationary. That's Econ 101. Greenspan knows this and would have to raise interest rates if we had a large tax cut.


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