Quote:
Originally Posted by RWebb
God forbids this until you emerge from a recession because God knows what happens if you implement contractile fiscal policy at a time when you should have an expansionary one
of course, by the time things are humming along well, the demons shut everyone's ears to paying down the debt
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Perhaps. But think of the economic benefit associated with a true reduction in government scope, spending, and subsequent taxes. Think of the benefit if the "economic stimulus" money spent on projects of questionable benefit had instead been distributed in the form of tax cuts. What if every taxpaying American individual and business had received a 20% tax cut?
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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