I realize 1 out of 200 will read this, but here are 5 relevant points: (1) when companies don’t want to invest and consumers don’t want to spend, government must break the dangerous cycle by stepping up its own spending OR cutting taxes, either of which will put more money in people’s pockets. We know Gov spending doesnt work (because its inefficient). We do know that cutting taxes does work (look at the numbers from 1982-2006). When Bush sent all working people $300 (tax cut), I thought it was ridiculous and political. In hindsight, It did work better than anything tried since.
Posted on: Thu, 30 Oct 2014 15:11:24 +0000
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