Jets Insider.com Forums - View Single Post - How the U.S., on the road to surplus, detoured to massive debt

southparkcpa · 05-01-2011, 08:00 PM

[QUOTE=long island leprechaun;4018170]Don't expect any comments from the supply-siders. This runs 180 counter to the bogus theory that chronic tax cuts stimulate the economy. Not to mention the ridiculous combination of tax cuts and massive military expenditures.... it's too simple. No one will buy it. :rolleyes:[/QUOTE]

I don't think anyine disagrees. BUSH spent like a drunk sailor and it hasn't stopped since. The recession and a current taxation in these "back to normal" level of economic activity can not save us under the current level of spending and if we taxed the rich at 90 percent, it wouldn't even make a dent.

Too many live off too few......

05-01-2011, 08:00 PM	#5
southparkcpa I see the 88 to 97 period all over again. Jets Insider VIP Join Date: Sep 2005 Location: NC Posts: 15,716	[QUOTE=long island leprechaun;4018170]Don't expect any comments from the supply-siders. This runs 180 counter to the bogus theory that chronic tax cuts stimulate the economy. Not to mention the ridiculous combination of tax cuts and massive military expenditures.... it's too simple. No one will buy it. :rolleyes:[/QUOTE] I don't think anyine disagrees. BUSH spent like a drunk sailor and it hasn't stopped since. The recession and a current taxation in these "back to normal" level of economic activity can not save us under the current level of spending and if we taxed the rich at 90 percent, it wouldn't even make a dent. Too many live off too few......