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


To: rich4eagle who wrote (124025)1/28/2001 1:18:10 AM
From: aknahow  Respond to of 769667
 
Has Greenspan really changed his position? He consistently left the door open to tax cuts and said he preferred tax cuts to increased spending. But when the country is facing a recession tax cuts have always been a weapon Greenspan or any other head of the Federal Reserve Board would use.

The Fed can only cut short term interest rates. The Fed Funds rate and the discount rate which is mainly symbolic.

Control over the money supply is another important tool. If you think cutting taxes is not a good tool for fighting a recession, do you then propose raising taxes as a solution? If not, then why does cutting taxes seem so unusual.

Many of us have read the N.Y. Times article questioning the political motives of Greenspan. Very unfair. Greenspan was a good man while President Clinton was in office and he is still good. Few give President Clinton the credit he deserves for keeping Greenspan and naming Robert Rubin as Secretary of the Treasury.

I would hope that we are not about to see even competent officials smeared, just because their actions do not always fit the party line. This tactic is getting old.



To: rich4eagle who wrote (124025)1/28/2001 1:45:00 AM
From: greenspirit  Read Replies (1) | Respond to of 769667
 
res- Even Alan Greenspan, whom I had placed on a pedestal proved he is nothing more than a blowing with the wind politcian this week when he changed spots overnight to be aligned with the new president.

Did it ever occur to you that Alan Greenspan might be right?



To: rich4eagle who wrote (124025)1/28/2001 11:26:00 AM
From: Don Pueblo  Respond to of 769667
 
I think Al rolled over because he realized that nobody but him and a few others were seriously considering paying down the national debt.

I agree with you that integrity is not a strong suit in most politicians. I wish it were different. I think it could be.

Personally, I see your "throw[ing] out any data that would tend to discredit their desired belief..." on both sides of the fence. I wish that were different, too.

Maybe the two are somehow connected. <G>



To: rich4eagle who wrote (124025)1/29/2001 5:08:10 PM
From: Lazarus_Long  Respond to of 769667
 
Politicians quickly realize that, while integrity may make you feel good, it doesn't get you elected.

And how many of us have cursed politicians that vote their beliefs (or what they claim are their beliefs) when their constituents want them voting the other side?

I do strongly believe that 90+% of the people have a hard time taking an unbiased open minded view on subjects pertaining to politics or religion and usually are extemely narrow minded and shallow and throw out any data that would tend to discredit their desired belief. I find this kind of thinking has greatly escalated and become quite a millstone on the Republican Party and it's constituents in recent years.
Surely you're not going to claim this is limited just to Republicans? How open-minded are most Dems about gun control? welfare? affirmative action? unions? public schools versus vouchers?