Im doing my best.......

http://politicalcrossfire.com/forum/viewtopic.php?t=51046

I must have been out of town when you posted this.

You started out fine, but there are many there who are woefully ignorant. I am not a member there and have too many forums now that I go to already. I will have to rely on you to carry the torch there Brooklyn. I just don't have the time nor inclination to butt heads with so many economic dunces. Sorry.

Tax cuts stimulated the economy when implemented by JFK, Reagan, and Bush Jr. The evidence is there. While many other factors are involved with economic growth or non growth the biggest actor in the economy is allowing people to keep more of the money they earn. When people have more money to spend or invest they will do so providing the trickle down effect. I have yet to see a trickle up effect.

There's nothing wrong with fair tax cuts, if they would then proceed to spend 10% LESS money than they collect!!

But am I right, that most of the biggest tax cuts occurred almost simultaneously with the biggest overspending?

Then perhaps you will favour Neal Boortz's "Fair Tax" concept?



You are correct here, and the cause while at war can be a bit complex. However, it is a given that with a targeted stimulus tax cut of the nature of the 2003 cut, there is an immediate drop in revenue, which is only natural. Yet the rebound is quick and dramatic, as graphs are prone to show.



However, it is essential that spending be cut back to those things that are necessary, if possible. My problem with The Republicans is that they did NOT do this, but relied soley on the tax cuts to work their majic. Naturally, they did, but a cut in spending would have made the entire thing more dramatic, and Bush would not be in such trouble with his base, and independents, such as myself.

Fit, Supply-Side economics is Not a Left/right thing. It is common sense Classical Economics, and is worth your time understanding. I still suggest you go to Supply-Side University and sign up for the course. You will not regret it.