--- In FairfieldLife@yahoogroups.com, Bhairitu <[EMAIL PROTECTED]> wrote: > > Southern Methodist University economics professor Dr. Ravi Batra: > > McCain vs. Obama on the United States Economy > http://www.youtube.com/watch?v=iUJqNmkcmSw > > American Economic Debt and Deficit > http://www.youtube.com/watch?v=3M5Of0vdObc >
Very good lecture. But I'm sure the Republicans will not agree to the points made by Dr. Batra. Nonetheless, I agree tha tax cuts should be made to the middle class and increase taxes for the wealthy. In fact, it appears that the tax cut for the middle class will stimulate the economy since they will more likely spend it to purchase goods and services. Thus, this will create surpluses in the budget which in turn will reduce the national debt.