[Your Nightmare]

When Bill Archer was chairman of the House Ways and Means Committee, he routinely quoted an informal survey of five hundred international companies located in Europe and Japan.

Maybe you would like to explain the process of informally surveying 500 international companies. This "survey" is bull crap.

[xcamel]

groanup doesn’t seem to understand that I was trying to make him come clean for backing this obviously fictitious statement, but apparently his brain fell out somewhere trying to walk down that path..

[Bigun]

Maybe you would like to explain the process of informally surveying 500 international companies.

Sure! It seems pretty elementary to me but for you I will do it. They were asked the question, "What would you do in your long-term planning if the United States eliminated all taxes on capital and labor and taxed only personal consumption?", and eighty percent - that's four hundred out of five hundred - said that they would build their next plant in America. The remaining 20 percent - the other hundred companies - said that they would relocate their business to America altogether.

This "survey" is bull crap.

You can call it whatever you like but the fact remains that Chairman Archer referred to it often and I doubt seriously that he was not telling the truth.