The only way to get an economy to grow in real terms is to encourage investment, production, innovation, and the rest. You do not do this by draining the private sector of wealth. You do not do this by making it a crime to be a success and accumulate wealth.
Allowing people to keep what they have earned and accumulated does this. Stripping it from them and giving it to politicians to purchase votes does not.
And giving tax cuts only to that group that pays a small percentage of the taxes--resulting in very small cuts--might fool some people. It doesn't fool me.
All else being equal, it's really that simple.
Now, if you want to address things like excessive domestic spending, which Bush has not restrained like he should have, you might have something to talk about.
Current Events » in reply to re: A bit more than you, I think.
The economy is improving. Hello, anybody home out there?
The whole thread (30 posts)
- GDP, led by the GOP, despite the dnc, grows fastest in 15+ years
- Of course the lowest interest rates in years having nothing to do with it?
- re: Of course the lowest interest rates in years having nothing to do with it?
- Bush didn't invent Keynesian economics
- re: Bush didn't use Keynesian economics
- Circular Republican Logic
- and you would know?
- re: Bush didn't use Keynesian economics
- Bush didn't invent Keynesian economics
- re: Of course the lowest interest rates in years having nothing to do with it?
- Yes, the Clinton-Gore economic boom continues!
- I notice the media hasn't called it "The Bush Economy" in a while. (n/t)
- Of course the lowest interest rates in years having nothing to do with it?