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: calgal who wrote (504753)	12/5/2003 10:51:26 PM
From: calgal	Read Replies (2) \| Respond to of 769670

Why Tax Cut Critics Got It Wrong Friday, December 05, 2003 By Neil Cavuto To all those who said tax cuts (search) wouldn't work in this country, take a look at this country. Take a look at all the improving economic data in this country. Take a look at Americans. They're spending more. Take a look at their bosses. They're buying more. They're doing more, because they're keeping more of their money. Government programs didn't do that. Tax cuts did that. Because contrary to critics at the time, the tax cuts didn't wreck the economy. They boosted the economy. Big time. When people have more of their money, they spend more of their money. It's why retail sales are up. Why car sales are strong. And why even jobs are coming back. When people buy things, the companies that make the things need to make more of those things. Then they need more people to make more of those things. About 328,000 more people, to be exact. That's how many jobs have been added to the economy in just the last four months. Bureaucrats didn't get that ball rolling. We did, with our money, our dreams and our hopes. You can't tax your way out of a recession. But you can tax-cut your way into a recovery. That's what we're doing now, because of the tax cuts we're still enjoying now. Those who opposed these cuts said that wouldn't happen. They said that the economy wouldn't budge and that people wouldn't spend. Well, the economy is budging and people are spending. And do you want to know the kicker? Even Uncle Sam is getting more money. Revenue projections to the federal government were revised up Friday. That's right, up. And all because the economy's improving more and people are buying more and working more, so the money is trickling in more. It’s proof, Washington, that when you keep your grubby paws out of our pockets, we're so damn decent, we'll put money back in yours! Go figure. URL:http://www.foxnews.com/story/0,2933,105021,00.html