I actually agree with Howie here. I once heard Walter Williams (former chairman of George Mason University Economics Department) give a speech and he said that the government can only do two things to help the economy; cut taxes and reduce the deficit. Reducing the deficit lowers tax rates so people/companies can borrow more money and, in the case of companies, can use that money to improve it's business making it more profitable allowing it to create more jobs, etc. Same goes for individuals. Deficit spending is bad as well as high taxes.
Michael Corrigan Programmer Endora Digital Solutions 1900 Highland Avenue, Suite 200 Lombard, IL 60148 630-627-5055 ext.-136 630/627-5255 Fax ----- Original Message ----- From: Nick McClure To: CF-Community Sent: Monday, March 11, 2002 2:25 PM Subject: Re: Nukes Would it? If we had zero debt what would that change? At 03:21 PM 3/11/2002 -0500, you wrote: >True, but we all knew that the national debt existed and that money would >have served better in the long run if the government had >continued paying down the debt. > >Howie ______________________________________________________________________ Get the mailserver that powers this list at http://www.coolfusion.com Archives: http://www.mail-archive.com/[email protected]/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
