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

To: i-node who wrote (679351)	10/17/2012 11:38:33 AM
From: combjelly	Read Replies (2) \| Respond to of 1573098

We've never hit it and should keep lowering rates until we do, then increase them a tiny amount and that will be optimal We have hit it. Under Reagan and later under Smirk. Look at how the national debt exploded under both. Yes, in both cases the revenues did eventually exceed the pretax cut highs, but in both cases that was because the economy was improving for other reasons than the tax cuts. Or are you going to argue that the economy never would have recovered without the tax cuts? If so, you will have to come up with some serious proof.

To: i-node who wrote (679351)	10/17/2012 6:56:20 PM
From: Alighieri	1 Recommendation Read Replies (1) \| Respond to of 1573098

When the Waltons made all those billions it came right out of the pockets of poor people? That's nuts. Hell, Walmart provides jobs for 2.1 million otherwise unemployable people in their stores. That doesn't count construction personnel or the economic growth that is spurred in property surrounding their stores. There is no "wealth pie". It isn't like the money you make comes out of my pocket. Tell that to the former owners of the corner grocery stores that no longer are. The supermarket that Walmart represents is what put them out of business...the "sam walton" of the nation now own what these people once did...and tell it to the thousands of walmart employees who replaced the corner store owners and now work for a far poorer wage...economic progression, I understand, but still a good example of the economic pie. Al