A) Cut taxes right away, after you saw the signs..
B) Wait for the recession to hit, let it get really really bad. Then cut taxes and blame the job loss on the previous president..
C) Sit there and do nothing.
D) Get rid of taxes all together..
2006-07-20 13:32:00 · 4 answers · asked by Anonymous in Politics & Government ➔ Politics
cay_damay- Who the hell told you that???
Taxes control the economy and the president controls(for the most part) the taxes. you are ill informed..
2006-07-20 14:06:58 · update #1
E) Follow the theories of Marx and Engels. Nationalize all industries, implement a tremendously progressive tax scale, quadruple education and healthcare funding and try to not get assassinated.
2006-07-20 13:38:07 · answer #1 · answered by s1rkull 2 · 0⤊ 0⤋
A bad economy is always a blessing for the republican party. When things are bad, people get scared for their jobs, they make fewer demands as far as wages and benefits, this means that the companies (which already have made their money) don't have to pay as much for the labor needed to produce. They do not worry if they are producing less than when things are affluent because they just raise the price on the things to make up for the loss. It is a win for the companies and if a few people lose their jobs and have their lives destroyed so be it.
2006-07-20 20:40:45 · answer #2 · answered by politicallypuzzeled 3 · 0⤊ 0⤋
Your question seems to assume that cutting taxes is the only way to deal with a recession. But there are a lot of economists who think that increasing government spending can also help get the country out of a recession. That is what Roosevelt did.
2006-07-20 20:39:18 · answer #3 · answered by rollo_tomassi423 6 · 0⤊ 0⤋
Do nothing. You know why? Because presidents can't control the economy, they can't stop a recession. They just can't.
2006-07-20 21:04:52 · answer #4 · answered by cay_damay 5 · 0⤊ 0⤋