News Focus
News Focus
Followers 20
Posts 6448
Boards Moderated 0
Alias Born 07/10/2002

Re: Sarmad post# 77248

Monday, 03/09/2009 11:44:44 AM

Monday, March 09, 2009 11:44:44 AM

Post# of 152257
Sarmad, > Taxes were raised in spite of them, and the budget turned to massive surpluses

How long did that take? Surpluses did not happen immediately; in fact, they took years and only happened by controlling spending increases and rolling in the taxes from the dot-com boom. (Clinton also cut taxes for real estate later in his administration. So much for "counter-cyclical" tax policy ...)

What "boom" do you forsee in the next eight years? Policy does not create economic booms any more than Al Gore "creates" the Internet.

Tenchu
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INTC News