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

To: Alighieri who wrote (701278)	2/27/2013 12:08:28 PM
From: i-node	Respond to of 1576853

>> tax cuts that need to be paid with borrowed money are indeed absolutely, unequivocally, spending...reckless spending. Tax cuts, even if they do reduce revenue, are not spending. They are a reduction in revenue, an entirely different thing. In the case of the Bush/Obama tax cuts, they do not appear to have reduced revenue overall as I've pointed out to you time and again. At any rate, tax cuts are never spending. Spending is when you take a portion of the revenue and purchase assets or pay expenses with it. More important is the overall concept. When government takes money from productive citizens, it ALWAYS has a negative economic effect which cannot be avoided. Because government can never be as productive as the citizens from whom it takes the money. While we must have a certain amount of money to fund the government, we always, 100% of the time, do so at the expense of economic growth. This is fundamental economics that dates back centuries.