Re: NASA moon trip video

"Josh Hill" <usereplyto@xxxxxxxxx> wrote in message 
news:e9qvt1pmli8u80cfbq5581nisb19b6pubb@xxxxxxxxxx

>>It's Bush's fault for not controlling spending, but his tax cuts did their
>>job nicely.
>
> Isn't that a bit like saying it was a mistake to spend too much but it
> wasn't a mistake to take a pay cut?

Not when there's a relationship between taxation and economic growth.

The pay cut was good.  The economy has revved back up very nicely and gross 
tax receipts are up.

The problem is that Congress under the Republicans has not exercised any 
kind of self-restraint and has been spending the increase as fast as it is 
coming in, thus maintaining the defecit situation created by the tax cut. 
The Abramoff scandal is a symptom of the problem congress has with spending.

Bush isn't helping matters by proposing topheavy budgets and signing them 
into law after Congress has bloated them further.

Nipping Bush's tax cut will raise revenue in the short trem (over next 18 
mos or so), but it also slams the brakes on an economy already beginning to 
falter under high oil prices.

The real answer is to get serious about cutting spending.

-- 
John Trauger,
Vorlonagent


"Methane martini.
Shaken, not stirred."


"The very powerful and the very stupid have one thing in common.
Instead of altering their views to fit the facts, they alter the facts to
fit their views
.....which can be very uncomfortable if you happen to be one of the facts
that
needs altering."
-The Doctor



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