SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (391536)6/16/2008 7:03:53 PM
From: combjelly  Respond to of 1573431
 
"Another thing the Clinton era proves, is that "high" taxes don't crush the economy. They didn't then, did they?"

That is only because Clinton was getting blow jobs. You can directly correlate his erections with growth in the economy...



To: bentway who wrote (391536)6/16/2008 7:31:47 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573431
 
Chris, you still haven't told me how P/E ratios of 50 or more, with the 'E' based on pro forma fantasies, was sustainable.

Surely the government cashed in on the capital gains taxes, but left a lot of people carrying over capital losses $3K at a time after 2000.

Either way, you are correct though in saying that government fiscal responsibility was the key. It's all about the spending. Raising income taxes only makes sense coming out of a recession, but who does that?

Tenchusatsu