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


To: i-node who wrote (511644)9/9/2009 3:26:21 PM
From: combjelly  Read Replies (1) | Respond to of 1579060
 
"The 29 cut was too late to have done any good, and frankly, was too small. "

Whatever. It still disproves your assertion that tax cuts are always followed by economic expansion. That is the problem with stating things in absolutes, only a single counter-example is enough to prove you are talking out your ass.

"Hoover is best remembered for the Revenue Act of 1932, the largest -- and most poorly timed -- peacetime tax increase in American history. By almost any reckoning, it made the Depression worse, not better"

I never said any different. But, I can understand why you want to change the subject. It was a loser of an argument from the beginning.