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


To: i-node who wrote (511476)9/9/2009 10:56:16 AM
From: combjelly  Read Replies (1) | Respond to of 1578917
 
"The Coolidge-Harding tax cuts in about '20 caused the economy to soar. "

Right. And the rebuilding after WWI, the explosion of technology, the shifting of the US to a manufacturing power house, and the vast increase of personal debt resulting in most people living beyond their means, had absolutely nothing to do with it.

Talk about clueless.

"If anything, the Depression was deepened by the Hoover tax increases, which undid the earlier rate cuts."

It certainly didn't improve the situation. However, you still refuse to acknowledge the Hoover tax cuts. I can understand why, it counters your argument based on ideology.