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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (294204)	7/11/2006 10:38:40 AM
From: Alighieri	Read Replies (1) \| Respond to of 1574705

"The task, as I saw it, was to create a new majority, which evidently would mean a conservative majority, which came to mean, in turn, a Republican majority--so political effectiveness was the priority, not the accounting deficiencies of government." Hence his: "...own rather cavalier attitude toward the budget deficit and other monetary or fiscal problems." It seems to work, in the face of the kristol types who pass themselves (quite effectively) as patriots..they are little more than political opportunists, and quite the opposite of a patriot, leaving future generations to deal with the messes they create while winning public favor through deceipt... Al

To: combjelly who wrote (294204)	7/14/2006 2:34:28 PM
From: TimF	Read Replies (2) \| Respond to of 1574705

Supply Side economics isn't "the doctrine that tax cuts could be had for free, without causing budget deficits." (although some of its supporters believe that). It the idea that tax cuts help reduce the drag that the government has on the economy. It made America poorer than it would otherwise have been by somewhere between $80 billion and $400 billion a year in lower living standards and lost incomes. The tax cuts were followed one of the greatest American economic expansions in modern times.