Bush Unveils $674 Billion Economic Plan

Reuters via Yahoo ^ | 1/7/03

[Rockitz]

He's still implying that the government can control the economy through it's actions and mentions nothing of the delay of impact to the economy of any policy enactments. He needs to establish the fact that any policy enacted now will take time (possibly years) to work through the economy. The public is under the false assumption that action today will translate to almost immediate relief (within months). Accordingly, if there's no turnaround by next year, he will be blamed and could be in danger of losing his reelection bid.

[america-rules]

"Has anyone expressed any concern about the size of the deficit this all portends, or is this thread supply side central and/or deficits don't matter no matter how large city?"

Deficits are actually good ! They keep a check on spending better than anything. If we didn't have deficits in the 80's the Rats would have spent 500 Billion more !

[Torie]

You have a point that is not wholly without merit, but it is nevertheless a depressing point to the extent meritorious, ie the only way to leash the leviathan is through irresponsible fiscal policy. An alternative is to elect Dem presidents and Pubbie Congresses, but then fiscal policy is not the alpha and omega. There are other issues out there.

[Torie]

You have a point that is not wholly without merit, but it is nevertheless a depressing point to the extent meritorious, ie the only way to leash the leviathan is through irresponsible fiscal policy. An alternative is to elect Dem presidents and Pubbie Congresses, but then fiscal policy is not the alpha and omega. There are other issues out there.

[ImphClinton]

It is still cutting the tar at the wrong place. Why is dividends better than interest. Banks also pay taxes. Thus interest income is often taxed twice as well. I'm sure there are many other types of double taxitation.

Be honest and cut it at the Corporate level to encourage corporate growth and honesty in the stock market.