> RoMunn wrote: > 1. Tax cuts for individuals to help people survive the downturn. I loves me > some tax cuts!
We all love tax cuts. Unfortunately they've been proven time and again to NOT be stimulative. The reason is simple: * if you're all paid up, you're going to save the money. * if you're debt laden, you're going to pay down debt. * If you're a business, you're going to save because your business is contracting which is what a recession means. So tax cuts aren't stimulative. That's not an opinion it's objective fact. As to Lemon Socialism, yes the US tax payer bought stock - OF INSOLVENT COMPANIES! So we're socializing the lemons (insolvent banks) while the bank shareholders (including workers) keep the good stuff and pay out billions in bonuses. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| 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:288160 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
