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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (6497)	12/9/2005 6:27:32 PM
From: TimF	Read Replies (1) \| Respond to of 542169

I was just defining progressive in a differnt way than the democrats who expropriated the term for their confiscatory tax policy that doesnt work. I see Mike. I agree that steeply rising tax rates for higher incomes doesn't result in progress. That's why I followed your lead in using quotes around the term progressive. Tim

To: michael97123 who wrote (6497)	12/9/2005 6:39:27 PM
From: neolib	Read Replies (1) \| Respond to of 542169

You need to sop up some of the excess liquidity thru spending cuts but also can tinker with the taxe cuts already in place if only to pay for the war in iraq Is there any good analysis of the effect of Bush's tax cuts vs the Fed's fiscal policy through the last recession. My gut feeling is low interest rates were more of a factor, but everyone focuses on tax cuts. At least some of the last few years have seen more money flow to consumers from mortgage refinancing than from tax cuts.