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

To: Hope Praytochange who wrote (474655)10/11/2003 9:18:07 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769667
 
The lowest federal taxes and largest federal deficit - What does that tell you?



To: Hope Praytochange who wrote (474655)10/11/2003 11:05:51 AM
From: Ned Land  Read Replies (1) | Respond to of 769667
 
Yes, tax cuts are good, but not when there's an operating deficit. Then, tax cuts only have the effect of a deferred tax increase, and that actually dampens growth, according to the rational expectations theory.


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