Many of those offshore jobs came back.

On Fri, Oct 17, 2008 at 7:34 AM, Gruss Gott <[EMAIL PROTECTED]> wrote:
>> Sam wrote:
>> The more you cut taxes the more people can invest or expand in
>> business. Then the tax dollars come in.
>>
>
> I used to believe this, but I don't anymore.
>
> The reason is because we've move from an industrial revolution to an
> information revolution.
>
> Thus cutting my taxes doesn't encourage me to buy another factory and
> fill it with workers, it encourages me to build a new IT business and
> staff it with offshore developers.
>
> In that scenario, you don't get the "critical mass" of employing more
> people and having them all pay taxes.
>
> Worked in the industrial revolution because if I expanded, I hired Americans.
>
> Put another way, in a global economy that doesn't work any longer.
>
> You and Robert have to evolve your thinking.  You're 20 years behind.
>
>

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