Thread: China Question
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Old 04-09-2001, 10:54 AM   #3
bepatient
Kinda New Member
 
Join Date: Apr 2001
Location: Philly
Posts: 1
He's done alright so far...

I'm interested in just a couple of points you made later in the post about our friend GWB.

First, how do you determine that a tax cut is a bad thing? Historically, tax cuts on this scale have actually increased revenue to the federal government. Its a phenomenon know as the Laffer curve. It worked for Kennedy, Reagan and will probably work the same for Bush. You AND the Fed get more money. Win Win.

Also, maybe you're too young to remember the 70's, but I'm not. We are definitely 25 years into an energy crisis...largely un-noticed until last year when OPEC decided to hold us hostage again.

The global warming accord dovetails from the economy. IIRC, the demands placed on the US to meet the accord were completely unrealistic. But, when the press gets hold of this issue, its always going to be spun as "Bush wants to trash the planet" instead of the real issue of the economic impact involved in trying to meet the standards set by that agreement.

I don't think Bush has carved his likeness into Rushmore just yet, but his first couple of months haven't been as bad as you seem to think they have been. Of course, thats just my opinion
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