On Wednesday, August 29, 2001 10:58 AM, Larry Lyons <[EMAIL PROTECTED]> wrote:
>Lee,
>
>As for evidence, how about the congressional budget office, or the US
>Census? According to the stats, Ronnie Raygun's ran the budget up 3 or 4
>times from the level it had with Jimmy Carter. The record is quite plain
>when it comes to Clinton, the federal deficit was significantly reduced
>throughout his term in office. Look at the heritage foundation's notes on
>the deficit - that place is packed with Clinton haters, yet even they admit
>that the deficit mushroomed under Ronnie Raygun and G Bush Sr., and dropped
>under Clinton. Check out http://www.lib.umich.edu/govdocs/stecgovt.html or
>http://www.brillig.com/debt_clock/. Here's another good source:
>http://www.concordcoalition.org/
>
I guess I messed up a bit. I should have been more specific. Point me to something
that implicates the presidents, during that time period, of being primarily
responsible for the spending that resulted in the debt run up.
>Having looked at the Heritage foundation's tax calculator, it really is
>rather biased. It makes a series of economic assumptions that just do not
>hold water. Laughable really.
>
Is there a better one out there somewhere? I think it supports the general idea that
the tax cut is real and material.
>My own take on taxes is that they are a bill from the federal government to
>the citizens for services rendered, like the VA, national defense,
>scientific research etc. Stuff I have no problem paying. One thing most
>Americans forget is that they have among the lowest taxes in the developed
>world, definitely the lowest among the group of 8 countries. Yet what they
>get for it is way out of proportion for what they pay for. Its an amazing
>deal.
>
Comparing our tax burden to semi-socialist countries isn't particularly helpful. We
stand alone in that respect. They should be looking to be like us not vice versa.
Lee
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