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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (72163)9/15/2009 4:29:59 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 224720
 
It isn't the Government's money but it is the Government's debt. Is that what you are saying? Whose debt is it?



To: TimF who wrote (72163)9/21/2009 2:35:17 AM
From: RMF  Read Replies (1) | Respond to of 224720
 
If you cut taxes by two trillion you cut revenues by two trillion (give or take $150 million).

I've heard all that "laffer curve" crap before and it's supposed to support the revenue increases during the Reagan years after the 1981 tax cuts, but it DOESN'T.

If you DRIVE UP interests rates over 20% and then gradually lower them you're gonna see a booming stock market and a booming investment environment which is exactly what we saw in the 1980's.


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