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

To: TimF who wrote (352562)9/28/2007 9:16:10 AM
From: combjelly  Read Replies (1) | Respond to of 1586873
 
"As for the tax cut not helping out the economy"

If it helped the economy, why did it take so long for the economy to exceed the peak before the recession? Since WWII, the time for the economy to recover to pre-recession highs has been 6 to 18 months. This last one took closer to 6 years.

If the tax cut was such a big boost, why did that happen?



To: TimF who wrote (352562)9/28/2007 10:02:30 AM
From: Road Walker  Read Replies (1) | Respond to of 1586873
 
re: Also Krugman distorts the picture for the average person by considering only wages not median total compensation.

You distort it by mixing cost and benefit. Just because the cost of employer paid health care went up it doesn't mean the employee benefited. In fact his actual benefits were probably cut on average.


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