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


To: Tenchusatsu who wrote (530639)11/19/2009 2:31:51 PM
From: RetiredNow  Read Replies (3) | Respond to of 1574626
 
I already posted proof that there was very little stimulative effect from the Bush tax cuts, but there sure were massive structural deficits as a result, which you won't acknowledge.

BTW, in general, I do agree that tax cuts can be a preferred stimulus, but only if we have surpluses from which to give those tax cuts. When we borrow from China to give tax cuts, then I'm 100% against that, unless someone proves to me that the tax cuts are in an area like renewable energy that will drive massive new innovation, new jobs, and a substantial return on investment beyond the cost of the borrowing.