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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (26558)1/17/2005 12:44:41 AM
From: Elroy JetsonRead Replies (3) | Respond to of 306849
 
Therein lies the tragedy.

Rather than cutting spending to pay for tax cuts, Reagan simply increased spending his spending spree and the tax cuts to the national credit card.

Just another flim-flam artist.
.



To: JF Quinnelly who wrote (26558)1/17/2005 1:27:15 PM
From: bentwayRead Replies (2) | Respond to of 306849
 
I get the feeling that W believed the supply-siders, and still does. He seems to believe if the very rich are made richer, the benefits will "trickle down" to the rest of us (if he actually cares). My own feeing is that they are "trickling down" to workers in India, China and other locations featuring cheap labor. There may be some trickle down here, to masseuses, poolboys and gardeners, etc.


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