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


To: Road Walker who wrote (294314)7/11/2006 4:20:22 PM
From: steve harris  Read Replies (1) | Respond to of 1573849
 
I don't know John, you tell me.

Message 21750145

You specify the measurement and I'll try to post the facts before you change the rules again.



To: Road Walker who wrote (294314)7/11/2006 5:02:41 PM
From: combjelly  Read Replies (1) | Respond to of 1573849
 
"Adjusted for inflation and population growth? Is that the highest revenues or year over year growth?"

Neither is really relevant. If true, then that means revenues finally caught up to pre-recession levels. Something that normally takes 6-18 months. The real take away is, if tax cuts increase revenues, what went so horribly wrong?

A clue might be found in that textbook co-authored by Bernanke that JakeStraw was trying to throw a smokescreen around with his mis-direction. Note that this is a textbook for undergrads. Something that has stuff that is generally accepted by economists and isn't some speculative theories. The relevant part points out that a tax cut without a corresponding cut in spending results in a poor performing economy.