Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: greenspirit who wrote (145460)	5/15/2001 12:05:47 AM
From: Scumbria	Read Replies (2) \| Respond to of 769670

Michael, As with almost every other subject I took in College, I was tops in my Economics class. The concept of eliminating interest on the debt is just too simple. The Fed will not allow the economy to grow faster than 4% a year. Tax cuts in a strong economy are inflationary, stimulate high interest rates, and hurt the economy. Forget about the days of Eisenhower and 90% marginal tax rates. They are long gone and we are at the other end of the Laffer curve. Your assumption that your opponents are stupid is a very poor place to start a discussion from. It will get you nowhere. Scumbria