Re: "More Americans living in poverty now than there were in 1965...Economic realities on Main Street"

In article <[EMAIL PROTECTED]>, Foxtrot wrote:
> "Jas" <[EMAIL PROTECTED]> wrote:
> 
>>Clinton raised taxes a bit in the 90s with a resulting boom (albeit one with
>>a false bubble). 
> 
> WHAT?? Raising taxes leads to economic booms??

Balancing the Federal budget boosts the economy, of course.
That's because the US Govt isn't competing for investment
capital.
Cutting real government services hurts the economy, of course.
That's because real government services keep people out of poverty,
and people who have fallen into poverty stop buying stuff.
So cutting taxes isn't always the right way to balance the
Federal budget.

Supply-siders aren't expected to understand this, because it
conflicts with their belief system.




>So if 
> we raised taxes to 100%, we'd all be wildly prosperous, right? 

Trace amounts of copper are a vital nutrient.  Without it,
you die.  Therefore, I suggest you consume three ounces of
copper sulfate and be wildly healthy.


Cameron