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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (131488)2/4/2001 4:12:24 PM
From: tejek  Read Replies (1) | Respond to of 1570706
 
By the way, the tax cut is pretty much supported by both the GOP and the Dems. The only argument right now is how deep those cuts should go, and whether they should be across the board or "targetted."

Tenchusatsu,

That's not true...the dems have to consider it now because dubya has made it a cause celebre.

And we are hardly in a recession, let alone a depression. Did you not see the employment/unemployment statistics on Friday? Dubya and his little band of economists like L. Kudlow are trying very hard to make it look like we are in a recession so that it looks like Capt. Amerika has saved us with his tax cut.

I wonder how many Americans are buying into that piece of work?

ted



To: Tenchusatsu who wrote (131488)2/4/2001 9:09:54 PM
From: Scumbria  Read Replies (2) | Respond to of 1570706
 
Ten,

That 4.2% unemployment is really killing us. It is lower than it has been in my lifetime.

Tax cuts will not provide any stimulus to the economy until long after the latest interest rate cuts have already fixed any problems we are experiencing.

The tax cuts will then become inflationary and force interest rates up. Most people will end up with less money than they would have without the tax cuts.

There should be no talk of tax cuts until every penny of the debt is paid off. We need to quit living as if we are the last generation of Americans.

Scumbria