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: combjelly who wrote (578990)8/1/2010 3:31:05 PM
From: i-node  Read Replies (1) | Respond to of 1572154
 
Actually, the important quote here is, "I'm very much in favor of tax cuts but not with borrowed money".

Greenspan's statement made one thing absolutely clear: spending is out of control and limits the prospects for economic growth, no matter what. If you're not going to get growth anyway, you may as well raise taxes.

I don't agree with it, but it the implication of his remarks.



To: combjelly who wrote (578990)8/1/2010 6:04:39 PM
From: Alighieri  Read Replies (2) | Respond to of 1572154
 
All of our resident economists say that they do.

To them lower taxes is a religion and as any good religious person you invent around whatever keeps the faith.

But he is far from the only one who has said this.

Of course...it's a nonsensical dogma conservatives like to embrace to suit their greed.

Al


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News