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


To: E. T. who wrote (215329)1/7/2002 10:32:59 AM
From: Neocon  Read Replies (2) | Respond to of 769670
 
Sorry, but that is a factually challenged post. The last 20 years, during which the debt has risen quite a bit, has been an historically low period for inflation, and as large deficits were accumulated in the '80s, inflation was going down. Similarly with interest rates. They decreased through the '80s, and have been low in the '90s.



To: E. T. who wrote (215329)1/7/2002 10:33:04 AM
From: gao seng  Read Replies (1) | Respond to of 769670
 
Yeah, but how does the author support the title of his article, "Daschle's Recession"?

Anyway, on the energy thing, are you suggesting that the best energy policy is to do nothing?

And, if inflation is your reason for not wanting to cut taxes, well, I encourage you to research your position.



To: E. T. who wrote (215329)1/7/2002 8:07:54 PM
From: JEB  Respond to of 769670
 
"It's like a secret tax when your dollar starts to lose value because of inflation."

...kind of like the fiasco in Washington state. It was a nice touch there. Sweet little scam. Raise the minimum wage and behind there back, jack the taxes.

In essence, they just imposed a corporate tax on the lowest income producers as well as the unions and all through the back door. It's an impressive scam and the consumers ate it up thinking they were going to see the money. Bet they got a big surprise after seeing their next pay stub.

The poor non-union workers just had to bend over and take without the proverbial kiss.