Quote from Astrocreep:
You obviously are one of those that think this tax cut will cost. let me tell ya something, tax cuts don't cost, tax raises do. I really wish to God
that before people began ranting about tax cuts and the economy , they would pick up an econ 101 text and get a grasp of how it all works. Tax cuts
spur business to invest in capital and hire people, people have mor money to spend which spurs demand which needs to be greater than supply to have a
prosperous economy. here are the numbers. Federal budget for next 10 years 128 trillion, planned tax cut for next 10 years 750 billion. Likely return
on that cut, 2.25 trillion over 10 years more revenue at the most conservative estimate.
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The problem is that those who need the money the most,
low income,
unemployed,
those recently laid off due to the mass export of American jobs overseas
these folks will see meager checks at most. Those who will see large amounts of rebate money...
shrub
cheney
daddy bush
large republican campaign contributors
large socalled American companies who no longer employ Americans
Most of that money will never see the light of day, it will be placed into the portfolios of the moneyed elite and thier businesses will continue to
sellout the jobs of the American people in mass to Asian-Pacific countries & China.
Econ 101 covers this too - basic ROI, the righties invested in shrub and now he's paying them dividends.
Great deal if you qualify.
I don't, I just got laidoff and had to train the person from Penang Malaysia who'll be taking my job... along with their friends who've displaced
6000 of my former fellow coworkers.
Over the last 2 years I've watched as our company shrank from 90k employees worldwide to 30k today.
I'm sure the CEO and CFO will get a big fat bonus for cutting the cost so well and putting one-third of our cities population out of work.
Nice job gentleman, thanks for nothing!!!
I can't wait to see the response from all of you here when the same thing begins to happen to your jobs. Lets hear you all praising shrub's fine
job then!!!





[Edited on 22-5-2003 by USMC Harrier]