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

To: TimF who wrote (299949)	8/14/2006 8:11:13 PM
From: Road Walker	Read Replies (1) \| Respond to of 1572767

re: Well I did assume that the future will follow the pattern of the past, and there is no guarantee that it will, but otherwise the two statements where very similar. Still, as I said: I wonder if you have data or not. Just saying it doesn't make it historical fact. re: If the future does follow the past and lower taxes leads to better economic growth, even a slight bit of extra economic growth, than in the very long run tax cuts will pay for themselves most of the time, if they are sustained. Will anyone now alive enjoy that benefit? How many centuries are we talking about? re: OTOH it could require that they be sustained for a long time which might be unlikely, and they often might not pay for themselves in the time frames that most people consider, a year, an election cycle, even a decade. So we're not talking about anything pragmatic... more theoretical? re: Also considering how much extra spending this administration has added the chance of being able to sustain the tax cuts is greatly reduced. No kidding. Eventually, the sooner the better, we will need dramatic tax increases. And they will need to be "sustained". It's a shame. It's going to be really hard for the younger folks.