> Sam wrote:
> You on the other hand drooled for Biden for a long time, now that he's
> out your new world savior is Obama.

I like Biden since he's the best foreign policy expect, in any party,
that our government has right now.  I like Obama because he's a "fresh
start" candidate who can hire guys like Biden to be Sec State or even
a new cabinet position which is what I'd do.  Don't worry, man, it's
all good.

> He did the
> tax cut thingy that you were told to hate so much. Even though they
> always work you hate them.

They always work *short term*.  Analogy time!

Let's say I tell you that I can cut your house payment by 20% and all
you have to do is take a mortgage with my bank.  You do, because, hey,
payment cuts always give you more money right?  Uh no.  Payment cuts
do not magically manufacture money.  In this analogy, of course, what
I don't tell you is that I'm going to raise your rate as well as
extend your term.  Are you better off?  Of course not.

This is exactly what both Bush and Reagan have done with tax cuts.
They've cut payments on the loans, and then borrowed more!  Reagan had
the good sense to hope that he'd "starve the beast".  Well, Clinton
fixed the problem, but it was still a problem.

(Side note in your favor: there's no conclusive proof that production
increases with tax cuts (thus revenues), but it may.  However even if
it did, you can't spend move than pay and think you won't go into
debt.)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~|
Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to 
date
Get the Free Trial
http://ad.doubleclick.net/clk;160198600;22374440;w

Archive: 
http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:250654
Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm
Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5

Reply via email to