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To: ohioWfan
"Are you not economically astute enough to recognize that his tax cuts during an inherited recession are the reason for our strong economic recovery, and his business acumen and tax policy are what kept this economy from tanking when we were attacked on 9/11? Is this remarkable success 'impotence' in your view? Really?"

The interest rate has been buried artificially. Why do you think real estate values have more than doubled since 9/11? How great is that? THAT is an "inflation" that's not talked about much. But THAT'S the reason the economy has been so "remarkable -- cheap money...

But it's a mathematic reality that the piper WILL be paid. We can't keep on borrowing from Peter to pay Paul.

The treasury is not a bottomless pit of receipts.

If you think taxes won't have to be raised -- whether through a rate hike OR VAT assessments, or other "innocuous" federal taxes, you're naive.

731 posted on 09/24/2005 8:19:44 AM PDT by F16Fighter
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To: F16Fighter
Real easte values have to do with three things...LOCATION, LOCATION, LOCATION and they haven't "doubled since 9/11", in every part of the country. But then, talking about what you know less than nothing at all about, seems to be your mietre.
744 posted on 09/24/2005 7:01:43 PM PDT by nopardons
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