posted on Apr, 14 2003 @ 07:37 AM
The economy we are in now is the result of almost a decade of attempted socialization and endless attack on businesses. The economy moves in a cylic
manner from peak to trough and back again reguardless of most influences. The backbone of the economy usually takes 4 to 5 years to respond to most
stimuli and most negative events except something as large as 911 which had immediate affects and will have long-term ramifications as well. The
problem we have now is that half our country doesn't really want the economy to come back yet. For half the country, its in their best interest to
hold it down until the next election. Reguardless of this fact, we are still seeing a 1.5 % continued growth. The truth is that the huge economy we
thought we had was built on a lot of imaginarymoney and it people will remember, Alan Greenspan saying it as early as 1997 and 1998, it would make
sense what happened and it was happening full scale a full one year before the 2000 election. I'm not laying it all onto Clinton, the economy always
runs in a havesine wave form and will adjust itself eventually reguardless of who's in office. The best thing is the tax cut to stimulate
businesses. It doesn't do much to have a rich governent in a capitalist economy when your driving force is business based. look at it as a farmer
plowing with a mule. The mule is plowing along good at 10 am so he pushes it harder to get more out of it, thus the giv. taxing more on a good
econmy(Clinton's 14% raise in 1993). The mule continues to pull the plow past noon so the farmer drives it harder to get more done. My point is,
the harder the farmer pushes the mule the more tired and hungry he eventually gets. Thus for our economy driven by business which has been taxed hard
along with all of us individually eventually gets tired and hungry. Sooner or later if the farmer doesn't let the mule rest and feed it, it will
drop in the field. the same with our economy, sooner or later we have to feed it and give it a break. The gov. could not keep taxing and pushing and
growing richer and expect people that run business which hire workers to do anything else except drop in the field. Now, reguardless of political
affiliation, I'm a democrat, we have to put something back into it to get anything out of it. The average state gov. has grown in size by 69% in the
last 10 years! The fed gov. , I mean who knows? but the point is, its either take some of these taxes off businesses and cut entitlement programs or
we can look elsewhere to fund anything cause you can tax the hell out of existing businesses but once they have closed their doors, you can't force
them back into action. I realize that having extensive education in the business and economic field probably makes these things clearer but I think
anyone can understand the situation once you think about it.