No, large scale government cuts to pre 1930s size is. That's it, they'll come to it eventually, but it's going to hurt getting there.
> -----Original Message----- > From: Judah McAuley [mailto:[email protected]] > Sent: Thursday, January 08, 2009 2:22 AM > To: cf-community > Subject: Re: Obama Warns of Prospect for Trillion-Dollar > Deficits (US Needs a Debt Management Plan) > > If tax cuts were the answer, the problem would have been > fixed already. But that wasn't the answer and its not going > to be. We tried tax cuts and there was no real income growth > for the bulk of the population and we got saddled with > mountains of debt. You've been proven wrong. Period. > > I'll agree with you about not encouraging people to spend > money that they don't have though. A positive savings rate > for people in this country has been gone far too long. > > On Wed, Jan 7, 2009 at 7:45 PM, Robert Munn > <[email protected]> wrote: > > +1 > > > > On Wed, Jan 7, 2009 at 7:29 PM, Sam wrote: > > > > > >> We don't need infrastructure spending, we need more tax > cuts and to > >> stop encouraging consumers to spend money they don't have. It will > >> hurt but so many got rich because it's to easy to buy on a > whim and > >> worry about paying later. > >> > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:284256 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
