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

To: TimF who wrote (360445)	11/28/2007 12:22:55 AM
From: tejek	Read Replies (1) \| Respond to of 1571336

it also speaks to the whole notion of tax cuts for corporations and private citizens promoted by the GOP. If tax cuts were so good, why doesn't the economic statistics reflect that premise? What statistic are you using to measure the premise? Manufacturing employment? That's a little to narrow to represent the health of the economy. Also you could use manufacturing productivity (also an economic stat) and possibly get near the opposite result. And that's not even considering who controlled congress at the time, or any possible delay in the positive and/or negative effects of presidential policies. The debt level goes up, budget deficits increase, unemployment increases, job production is not very strong, manu. employment declines.......it usually results in a flaccid recovery like we have experienced over the past 5 years. What over evidence do you need? We know what's happening under Bush....here's what happened under Reagan during our first brush with trickle down economics and massive tax cuts: "But first, we are going to shift gears and take a close look at Reagan's policies at home, here in the US. Among Reagan's achievements that you won't hear about from most of the pundits is that Reagan was the first president to turn the US into a debtor nation, nearly tripling the nation's debt in his 8 years in office. He was also the first president since the Great Depression to see unemployment hit more than 10%. Reagan cracked down on organized labor and America's homeless population grew to over 2 million people." democracynow.org