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

To: greenspirit who wrote (140280)	4/23/2001 2:43:44 PM
From: dale_laroy	Read Replies (1) \| Respond to of 769667

"Therefore, the problem was as I've described it repeatedly, namely, too much spending not lack of revenue." But what impact did all this deficit spending have on revenues? Wouldn't the high paying jobs in the military industrial complex created by deficit spending increase revenues?

To: greenspirit who wrote (140280)	4/23/2001 4:05:06 PM
From: Scumbria	Read Replies (2) \| Respond to of 769667

Michael, Did revenue increase or decrease as a result of Reagan's tax cut? After the 1981 cut and Dole realized that revenues were plummeting, there was a 1982 tax hike, a 1984 tax hike, and a 1986 tax hike. After three tax hikes, revenues went up. Did you conveniently ignore the fact that Reagan signed the three largest tax hikes in history (at the time) into law? Scumbria