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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (76945)	10/12/2004 5:32:03 PM
From: LindyBill	Read Replies (1) \| Respond to of 793955

Redstate - Capitalist Pig By: Pejman Yousefzadeh · Section: Economy Quite obviously, this is an uninformed opinion: Edward Prescott, who picked up the Nobel Prize for Economics on Monday, said President George Bush's tax rate cuts were "pretty small" and should have been bigger. "What Bush has done has been not very big, it's pretty small," Prescott said. "Tax rates were not cut enough," said Prescott. Lower tax rates provided an incentive to work, Prescott said. Prescott and Norwegian Finn Kydland won the 2004 Nobel Economics Prize for research into the forces behind business cycles. The American analyst, who is a professor at Arizona State University and a researcher at the Federal Reserve Bank of Minneapolis, said a large tax cut in 1986 had lowered rates while collecting the same revenue. But "in the early nineties the economy was depressed by the tax increase in 1993 by about four percent, and it's right at that level now," Prescott said. Look for Prescott to be attacked for wanting to give "tax cut giveaways to the rich." I can recite the condemnation that is coming in my sleep.

To: LindyBill who wrote (76945)	10/12/2004 5:42:25 PM
From: SBHX	Read Replies (1) \| Respond to of 793955

In fairness to CNN, they later did a segment where a few afghan women stepped up the same day of the election and said they could not clean the same ink from their thumb and clothes (it looked like one appeared somewhat more upset the stain got on her clothes than on the fraud issue). Also, if you looked closer, even though the thumb of the complaining youth (speaks english, imagine that) was generally clean, looking closely at the thumb-nail, you can still see the ink stains on the skin of the nail. And I suspect this was after using turpentine. So Afghanistan was too cheap to have a computerized voter registration with printouts. So what? They have bigger concerns to deal with. However, CNN initially gave the impression that the election was tainted with fraud, though I think they quickly backtracked later with more details --- the main opposition leader also backed off from his fraud claim, as reported by CNN.