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To: trek
One of Reagan's goals for lower taxes was to starve the Federal beast. The idea was that lower revenues would force a slowdown in the growth of government. As we now know, this failed. To our stunned amazement no amount of debt could curtail the spending proclivities of the Federal Leviathan.

This same observation holds true with respect to those who claim the "Fair Tax" would force fiscal responsibility by "starving the beast". The "beast" is bent on spending. It will spend whether it has money or not. Even with a "Fair Tax", the money in our pockets is going stolen by hyperinflation.

47 posted on 03/07/2009 11:26:06 AM PST by Myrddin
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To: Myrddin
the money in our pockets is going to be stolen by hyperinflation.
48 posted on 03/07/2009 11:26:48 AM PST by Myrddin
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To: Myrddin

agree


49 posted on 03/07/2009 11:27:22 AM PST by trek
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