Trickle-down? The so called trickle down included a big tax cut, true. I think that the top end was almost 50 percent and Reagan's plan brought it down to a little under 40 percent. That was good. That tax cut, as John Kennedy had predicted some 20 years prior, increased revenue into the Federal coffers. Also, if you go back and look at the rate of increase of the level of the Dow since it began, you'll notice something quite striking. Until roughly 1982, the growth rate was constant, yet slow. Around 1982, the year of this evil tax cut, the rate of increase of the Dow took a dramatic increase. This is the boom that Clinton rode through 2 disgusting terms.
Iran-Contra? What would you have done? Star Wars? It's a good idea. The thing about it is is that it depended on technologies that did not exist. That requires both money and time. No one wanted to spend the money, and no one wanted to wait for the solution. > -----Original Message----- > From: Howie Hamlin [mailto:[EMAIL PROTECTED]] > Sent: Thursday, December 13, 2001 1:32 PM > To: CF-Community > Subject: Re: Ouch > > > Ronnie Raygun? > > Can you say "trickle-down economics?" > > Can you say "Iran-Contra (aka "arms for hostages")?" > > Can you say "Star Wars?" > > I knew you could... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Get the mailserver that powers this list at http://www.coolfusion.com Archives: http://www.mail-archive.com/cf-community@houseoffusion.com/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
