SI
SI
discoversearch

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: gerard mangiardi who wrote (174765)8/27/2001 1:41:14 PM
From: CYBERKEN  Respond to of 769670
 
Wrong again (How many times in a row now?). The overcharge is currently $158 billion. Economic illiterates like yourself are trying to say it doesn't count (like trees planted by logging companies). But the deflationary effects exist whether you like it or not. This money needs to go back to those from whom it was stolen. The best way is through the reduction of taxes on capital and the top marginal tax rate. Failure leads to depression...



To: gerard mangiardi who wrote (174765)8/27/2001 1:45:49 PM
From: CYBERKEN  Read Replies (1) | Respond to of 769670
 
Those who distorted Keynes after his death would claim that the overcharge should be spent for the "public good". The real intellectual slime of Keynesianism are those (like Samuelson) who bastardized his work when he was no longer around to defend it. The basis of liberal economics of the late 40's was this faulty work (the basis for liberals today is Marx).

If Keynes were alive today he would be writing in favor of a flat tax, abolishing taxes on capital gains, and abolishing the death tax. You'd be calling him "Newt Keynes".