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: goldworldnet who wrote (314759)	11/5/2002 5:22:25 PM
From: Kenneth E. Phillipps	Respond to of 769667

his democrat congress spent $1.87. With a huge increase in defense expenditures requested by Reagan and a huge increase in Social Security revenues from a big increase in the payroll tax.

To: goldworldnet who wrote (314759)	11/5/2002 5:22:51 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 769667

The HUGE increase in federal revenue brought about by the Reagan tax cut lasted into the late Clinton years (when, of course, he took credit for it). It was not followed by another HUGE tax cut in those late Clinton years, so Clinton, in effect blew the Reagan boom. The deflation that has threatened us since then REQUIRES another tax cut-bigger than 2001.