> RoMunn wrote: > Apparently all rational thinking about economics has gone out the > window on this list. Lower taxes are good for the economy
Here is the problem; The US is approaching a nexus of financial problems, each of which are unsustainable: 1.) Healthcare costs 2.) Social security 3.) Medicare and Medicaid 4.) Government spending (pork, war, administrative, et al) 5.) Sinking median income 6.) Rising energy prices 7.) Shrinking middle class 8.) Rising food prices 9.) Increasing debt 10.) Weakening dollar The people you're talking about "leading this economy forward" are really just leading the money into their own pockets. Normally I'd be all for that, but the levels of profit taking have gotten obscene and it's destroying the middle class. E.g., Are the Bear Stearns execs who made the horrible bets on sub-prime returning their multi-million dollar bonuses they got for 5 years in a row until their bets imploded their company? Hell no. So who's returning that money then? The tax-payer. So while your theory sounds great, the practical result is some very rich people at the expense of the middle class. At some point - very soon in my opinion - those middle class who become low class are going to ask for their money. With a national guard in Iraq and local budgets cut, there won't be much stopping them from taking it back. My advice? If McCain is elected, invest in guns starting with buying a few yourself. Or get a house overseas or buy a good boat you can live on for a few years. I'm doing all of the above. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:268257 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
