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To: Dont_Tread_On_Me_888

You can't deny that the business cycle was given a shot in the arm from the tax cuts.


61 posted on 11/17/2005 8:42:52 AM PST by Eva
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To: Eva
You can't deny that the business cycle was given a shot in the arm from the tax cuts.

Eva, yes I can deny that because it is not true. You probably do not know what exactly the business cycle is--I take it that you have no formal background in economics.

Spending was given a boost by tax cuts, not the business cycle. Business cycles, by their very name, are CYCLICAL, which implies longer trends pre and post-tax cuts. Also, as I said in previous posts, the USA represents only 20% of the world economy. Even a tax cut in the USA can't prevent a recession if 80% of the rest of the world were to have tax increases (hypothetical). The fact is the global economy has more sway over the global business cycle than what a tax cut has in a nation (the USA) that represents only 20% of the world economy.

Tax cuts are a good thing--we agree. But it is not true that "a tax cut gives the business cycle a shot in the arm".

64 posted on 11/17/2005 8:52:49 AM PST by Dont_Tread_On_Me_888 (Bush's #1 priority Africa. #2 priority appease Fox and Mexico . . . USA priority #64.)
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To: Eva
You can't deny that the business cycle was given a shot in the arm from the tax cuts.

Sure he can. look at his tagline.
91 posted on 11/17/2005 5:22:56 PM PST by MikefromOhio (We don't give a damn for the WHOLE state of Michigan.....)
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