What Would Be the Obama/Pelosi/Reid Response to Interest Rates at 8%?

[crone]

Originally Posted by texdav

No tax cuts stimululate the economy. That is why JFK cut txes in the 1960's recession and it worked. The uncertainlty of future tax cost just makes what you see happen;individuals;corporations 'funds cut spending because of uncertainlty.Business have cut the bottom line about has much as they can seeig the returns and investors are not investing money;individualks not spending see uncertainlyt has to liabilty for future cost to them as the funders of governamnt spending by deficit growing.

JFK did not have to fund a war. We need to all pay a little more to at least pay off the cost of going into Iraq.

Usually when Congress says it is OK to go to war, they have a way to pay for it.

[clb10]

Originally Posted by texdav

No tax cuts stimululate the economy. That is why JFK cut txes in the 1960's recession and it worked. The uncertainlty of future tax cost just makes what you see happen;individuals;corporations 'funds cut spending because of uncertainlty.Business have cut the bottom line about has much as they can seeig the returns and investors are not investing money;individualks not spending see uncertainlyt has to liabilty for future cost to them as the funders of governamnt spending by deficit growing.

If you talk to Americans what they REALLY want is a simplified tax code.

Eliminate the loop holes and tax credits.

Make the tax code FAIR AND FLAT.

Every April all Americans should have to fill out a one page form that takes less than five minutes to complete.

WHO can be against this??

[Marv101]

Only the gentleman in the White House & his 'soak the rich' disciples.