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

To: Bridge Player who wrote (124074)	7/9/2005 8:47:10 PM
From: neolib	Read Replies (2) \| Respond to of 794030

Nonsense. If you look carefully at the majority of both Democrats and Republicans in both houses of Congress, you will see clear differences between their economic philosophies. Democrats want to raise taxes to cut the deficit. Republicans, by and large, realize that to cut the deficit, you cut taxes, not raise them. By how many % do Dems want to raise them and by how many % to Reps want to lower them? It is possible there are a few congressional nutcases in the Rep camp that advocate zero tax, (while I doubt there are ANY congressional nutcases in the Dem camp that advocate 100% tax) the majorities of both parties will settle within a few percentage points of the current values. They must, since either deficits blowup, or severe governmental cuts are required, neither of which either party will tolerate. So I stand by my previous statement, that the divergence in economic thought between mainstream Dems & Reps is small compared to the available spectrum of functional economic systems. If you can provide any concrete info to refute this, I'd be most delighted at the educational experience.