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

To: tejek who wrote (167088)	4/9/2003 2:06:30 PM
From: brian1501	Read Replies (1) \| Respond to of 1580072

Man, talk about a short memory. Maybe the reason Gore was talking tax cuts during the campaign was because the economy was still going gangbusters. Who knew Bush could cripple the economy so quickly. The economy was starting it's decline even then. Most of Bush's tax cuts have not even gone into effect, so exactly how has he "crippled" the economy? The bubble burst and it's not Bush's fault. Get over it. Brian

To: tejek who wrote (167088)	4/9/2003 5:04:30 PM
From: TimF	Respond to of 1580072

Furthermore, any economist will tell you that when revenues are dropping due to falling economic conditions, you don't hasten that drop by cutting revenues further. Simply not true. Both supply side and Keynesian economists would recognize that the lower tax cuts would help the economy (The supply siders would be arguing for consistent low rates and the Keynesians would be arguing that either lower taxes or more spending when the economy is going down will help turn it around. The Keynesians however would argue for a surplus during good times so that the overall debt stays manageable). Tim