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: Steve Dietrich who wrote (588614)	7/8/2004 8:23:43 AM
From: Neocon	Read Replies (4) \| Respond to of 769670

I covered the matter of receipts. As I said, in constant dollars, it is also true that receipts did not take off until after the '97 cut. I will have to check on Carter, but I believe you are making the mistake of comparing in nominal currency, which was highly inflated during the Carter years. I am not sure whether it is useful to have a general supply side argument just now, but I will observe that the War is not a good point of comparison, since the war effort was driving economic growth, and, in the post war period, we profited from an anomalous share of world trade. Anyway, I will look at a couple of things and get back to you in the course of the day, unless I get too busy.........