To: jttmab who wrote (3765 ) 7/1/2001 12:13:05 AM From: Neocon Read Replies (1) | Respond to of 93284 Let's see....If there is any sort of drag on the economy through marginal rates, then the principle of making them as low as possible holds. What might militate against sheer flatness? Since revenue requirements can always, in principle, be met through a flat tax, it is the social policy of favoring the relatively poor that is put in the balance. There is, perhaps, not a magic number, but there is a sense of equitableness that can be satisfied in massaging the numbers, especially when "loopholes" through manipulative tax policy are factored in. I see nothing wrong with revisiting the question periodically and approaching it somewhat adversarially in Congress. The lesson of supply side economics is that production can be the leading factor in economic growth, that growth need not be demand driven. In fact, as a matter of history, in the technological era, production has often lead demand, because of the innovative, unimagined products brought to market, first considered desirable luxuries, and later necessary amenities of civilized life, like a good stereo. Rich people are more amenable to high risk ventures, and therefore are crucial to supplying the venture capital that can bring about innovation. I am sorry if I have misunderstood the method of counting the savings rate. I am not sure where I might have gotten such an impression. On productivity, I have certainly read enough claims that digitization is the main factor, but I cannot say for certain. I will note that the interesting thing is that the per worker yield is much higher than a dozen years ago, very likely is attributable to tools. I am sorry, I must have missed something. To hell with the family, because some people like to shop on Presidents' Day, or find it convenient to shop after work? Besides, I thought Da spent most of his evening at the pub, with lukewarm Guiness and a game of darts. Everyone likes vacations, can't make much out of that. I have never stayed at a bed and breakfast, and do not find the idea congenial. I prefer more privacy, for one thing, and do not want to be forced into intimacy with my hosts or the other guests. On the television, well, if one spends some time resting in the room, a television can be a tremendous convenience. Of course, if I had nothing much to watch than Sister Wendy or the Fat Ladies, adorable as they are, I might prefer staring out a window....... Yes, government is not a business. However, there is a degree of consumer sovereignty and competition at the ballot box, and the administration who can get deliver the best services at the least cost will win. That is why, for example, Guiliani swept all of the boroughs in his second mayoral campaign.......