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

To: combjelly who wrote (359404)	11/19/2007 5:32:27 PM
From: TopCat	Respond to of 1587428

"No, we were probably to the right then." My error....meant to say we were probably to the right when Kennedy made the cuts. "My only point has been that deficits are the result of spending more than revenues not (necessarily) tax rates." "The two are closely related. Why you choose to argue that they aren't seems sort of weird. After all, tax rates are related to revenue." Of course they are but they are not tied together at the hip so that if you raise tax rates you will necessarily get increased revenue. "And insufficient revenue with respect to spending leads to deficit." Good....you're finally getting it.