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To: dbz77

Government Spending more money bring us out of a recession?

No chance. That has never happened.

Permanent Marginal Tax Cuts bringing us out of a recession? Yes, every time it is tried.

So, it depends on which kind of “Fiscal Stimulus” is employed.

Which do you think 0bamessiah will choose?


7 posted on 01/22/2009 11:26:12 AM PST by Uncle Miltie (Keynes is dead. Keynesianism is dead.)
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To: Uncle Miltie
I hate to be a downer but tax rates were slashed by 30% from 1981-1983 and America entered her worst recession since the Great Depression during that time.

Tax Cut’s are great for long term growth and we surely need them, but the fact is you can't stop a recession no matter what you do. It's like trying to stop the sun from rising.

Recessions are beneficial in the long run. If the Government does not meddle, firms and individuals tend to cut a lot of fat out of their bottom lines and lives and emerge out of the slump in a better position and more efficient then when they entered it.

17 posted on 01/22/2009 11:43:02 AM PST by spikeytx86 (Pray for Democrats for they have been brainwashed by their fruity little club.)
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