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RoninLB
RoninLB is offline
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Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
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"Tax-n-Spend vs. Borrow-n-spend"

simple answer is that the velocity of money is much greater with "Borrow-n-spend".

and a tidbit.
The cowboy is playing hardball with world economics and Europe is paying for it. The world economic order is being re-mapped and India will eventually be closer to the US than socialist Europe both economically and militarly. China's central control deprives flexibility and will always cause radical curves.

In case anyone missed it? we have the strongest growth economy in the world presently and job creation is borderline extraordinary.
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Ronin LB
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Old 12-17-2004, 02:41 AM
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