Anyone wish to try this again?

Lol...

Wanna give us a brief lesson in supply side?

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Manu Narayan

Noooooooooooooooooooooooooooo!

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"Discrimination is a hellhound that gnaws at Negroes in every waking moment of their lives to remind them that the lie of their inferiority is accepted as truth in the society dominating them"
Martin Luther King Jr.

ok,. here we go, down and dirty with supply side.

Investment tax credits stimulated businesses to invest (remember, they didn't get a tax break unless they invested) in producing what they thought we wanted. In view of the fact that they are in business to make profits, and have learned how to do it, they invested wisely, so that spending, production, and employment increased. Thus did the handout to the rich result in a benefit which trickled down to the unemployed.

Perhaps you also remember that after a couple of years, Congress killed the goose that had laid the golden egg and eliminated this shameful welfare for the rich- that is, they eliminated the tax break, catching many businesses only a year or two into five-year expansion programs. Many top management careers were destroyed by what proved to be the poor judgement of trusting Congress. Moving right along, let us consider President Reagan in a similar situation in 1981. He tried the same tactic, but it was slow in working because the top managers of the 1980's were the lower management of the 1960's who remembered all too well what had happened to their bosses a mere 20 years earlier. It's safe for a politician or a journalist to say that history is bunk, but when a business career lasts 40 years, it's better not to forget. (as an example: a friend had finished a tour with the Marines and was working in industrial management for Honeywell. His plant was running 24 hours a day, but they were not considering expanding because they felt Congress would soon increase taxes and they would be stuck with idle capacity).

Originally posted by freedom:
Noooooooooooooooooooooooooooo!



Does anyone else think this guy sounds like Ian???

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Uh, what country is this??

Originally posted by 74Mav:
Does anyone else think this guy sounds like Ian???



Funny, I thought the exact same thing at the talkin politics site...Apparently, they claim to know each other..



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Man — every man — is an end in himself, not the means to the ends of others. He must exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself. The pursuit of his own rational self-interest and of his own happiness is the highest moral purpose of his life.
Ayn Rand

check the IP.