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

To: tejek who wrote (175653)	9/30/2003 6:28:35 PM
From: TimF	Read Replies (1) \| Respond to of 1579381

if you already know revenues are down and you can't control the spending by your own party, why would you go in for more tax cuts? Logic tells you that the situation will only worsen. Tax cuts are one of the best ways to turn the economy around, plus they are just right, the government taxes us too much, and running a short term deficit in bad economic times is actually not a bad thing. The problem is that with all the increased spending a large part of the deficit may be structural not just cyclical. Structural doesn't mean permanent with a few years of spending restraint the deficits would go away. We wouldn't even have to cut just control growth in spending, but government hasn't done a good job of controlling growth in spending any time during my life. Tim