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To: Sub-Driver

I think Romney is on the right track. One thing I have always scratched my head over is paying taxes on saving interest. Romney is in favor of abolishing that crazy thing.

I’m in favor of any stimulus package being permanent.


10 posted on 01/18/2008 5:15:18 PM PST by oflyboy
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To: oflyboy
I’m in favor of any stimulus package being permanent.

My only complaint is the term stimulus. It's basic economics. A long-term cut increases the efficiency of the economy. A one-time cut just moves money from one pile into another (to taxpayers by issuing more government bond debt). I heard one economist say it's like taking a bucket of water out of the deep end of a pool and dumping it into the shallow end. The government cannot stimulate the economy. Period.

If this stimulus is issued as a check of a fixed amount, it's nothing more than a socialist redistribution of wealth. A percentage cut would be better and more fair...unless you're a liberal Democrat, in which case it would be called "billions for the rich." ;)

39 posted on 01/18/2008 5:39:55 PM PST by ElectronVolt
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To: oflyboy
Romney is right. Now, if we can get him elected, and get rid of Congress, America will be back on track;o)
51 posted on 01/18/2008 5:53:33 PM PST by mtnwmn (mtnwmn)
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