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

To: Little Joe who wrote (163490)	7/25/2001 1:30:50 AM
From: rich4eagle	Read Replies (1) \| Respond to of 769670

I think cut the highest rates to reasonable levels was good, I think this may have occurred in part before Reagan if not give him credit for that. I think reasonable tax rates for all create a strong economy balanced with job creation and higher minimum wages. Reagonomics from the beginning as George Bush Sr. called it was "voodoo economics" based on cutting taxes and increasing spending dramatically, the result was a short term economic boost with a massive burgeoning debt for the next generation. As George Bush arrived the strategy was already crumbling. the Clinton plan devised by Rubin and Greenspan was based reducing the deficits and debt payments thus creating growth by keeping inflation down and productivity up. I don't understand how trickle down economics could ever work in the long term when greed would result in drip drop economics eventually