Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Darksheare; MurryMom
You're welcome. I love Steve Forbes. Well, I don't actually LOVE him, but you know what I mean :)

I am guessing that the nastiness in the 2000 primaries with GW precludes him from a cabinet post, but he never misses a chance to support the president's tax cuts.

Question for MurryMom, wherever you are:
Clinton's whole idea, courtesy of Bob Rubin, was that cutting deficits would cause interest rates to drop. Low interest rates would revive the economy. Right now we have much higher deficits and record low interest rates, lower than under Clinton. How is this possible? And shouldn't the low rates be causing a boom?

Unless someone can explain this I have to conclude that Clintonomics was voodoo economics. It was adopted because it provided a rationale for tax-the-rich political rhetoric.

217 posted on 12/03/2004 1:42:11 PM PST by SupplySider
[ Post Reply | Private Reply | To 216 | View Replies ]


To: SupplySider; MurryMom

LOL!
I know what you mean.

In my area, Clintonomics brought about the interesting business practice of hiring people 'full time', and then letting them go as 'temporary employees' right about the time company benefits should kick in.

What that means business wise: The company gets to keep funds/resources that would normally go to your 401K, and their bottom line is helped by that extra little bit, and they don't have to pay out medical expenses or dental.
Along with the assorted things that go along with letting people go right before the 'benefit start' date.

What that brought about afterwards was this: employee loyalty tanked, and the companies started losing money AND employees.


218 posted on 12/03/2004 1:51:51 PM PST by Darksheare (I have friends, and I have co-conspirators.)
[ Post Reply | Private Reply | To 217 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson