On Sat, Jul 19, 2003 at 05:17:09PM -0700, Jan Coffey wrote:

> As a continuous policy it stinks, but to jumpstart a failing economy
> it has worked in the past.

Only for a sufficiently vague definition of worked. Getting money into
the hands of people who will spend it on consumption has historically
worked the best at stimulating GDP growth. Trickle down does not grow
the GDP as fast as more progressive measures. The reason I am not
backing my claims with data is that it has already been done on this
list. Check the archives if you are interested.

> Get a graph of the economy for the last 24 years and see where it's
> god and were it isn't and then talk about who's polices seem to work
> and who's don't.

Done that, AS I SAID IN MY PREVIOUS POST THIS WAS ALREADY DISCUSSED. And
we went back much longer than 24 years too. Check the archives.


-- 
"Erik Reuter" <[EMAIL PROTECTED]>       http://www.erikreuter.net/
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