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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (159435)	1/30/2003 11:30:52 PM
From: American Spirit	Read Replies (3) \| Respond to of 1583677

If it's good economics why does the market go down every time Bush announces a new tax cut? face it, Bush tax cuts are for the rich, by the rich and disguised as for everyone. If we had a flat tax the rich would be the beneficiaries. No one else. This is class warfare economics put on us by the GOP. Not the other way around. Because we all know what the GOP really wants, no more entitlement programs. Let the middleclass eat cake. Just like they said before the French Revolution. Alsoevery Bushb tax cut makes state and local taxes go up. Plus they're obviously for higher energy prices. And their policies keep the markets depressed. So there's a net loss, no gain. The proof is in the pudding. Clinton raised taxes to balance the budgetn and gave us 7 years of prosperity we may never see again. Bush cut taxes and we're about to go into a double-dip and maybe a triple dip recession, as well as deflation and possibly in the future, stagflation, once interest rates rise due to collosal government debt. Another thing to worry about is unemployment. It will continue to rise now. That's the reason Bushies announced they will no longer report layoffs. They dont want us to know the truth.