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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (746986)	8/4/2006 1:45:19 PM
From: TimF	Read Replies (1) \| Respond to of 769670

But you are forgetting to include the effects of the extra DEBT. Not at all. The requirement to borrow or tax money out of the economy to pay for the spending that produces the extra debt and to pay for the future interest on that debt is why the economic benefit is low. Take out that factor and you have a healthy additional growth rather than just a tiny bit of extra growth. Re: "If you are trying to figure out if tax cuts work than the issue is indeed the tax cuts themselves." Why would I do that? (this is not a term paper....) Because if you don't do that you get confused as to what polices work. If you take the negative effects of something other than tax cuts, and apply them to tax cuts you get an inaccurate picture of the effects of tax cuts. Re: "Similarly its unreasonable you can't prove that "tax cuts without spending cuts hurt the economy", by finding that the economy might be hurt when spending increases massively." Eh? Debt is real. It's effects are real. Yes debt is real and yes it has real effects. But debt caused by a massive increase in spending is not debt caused by tax cuts. Just as in my hypothetical example the lack of applicants after I start shooting them was not caused by the $100 and hour I was offering being inadequate compensation. If you want to say "Policy X produces result Z", you have to look for the effects of X, not the effects of additional policy Y which was instituted about the same time.