i watched the state of the union address, and like what i heard, but he didn't explain how, so i was wondering if anybody had any ideas as to what his plan is.
2007-01-25 09:40:43 · 9 answers · asked by sapace monkey 3 in Politics & Government ➔ Government
or was that just more hot air?
2007-01-25 09:46:04 · update #1
I'm sure he has no clue.
2007-01-25 09:47:53 · answer #1 · answered by da_hammerhead 6 · 1⤊ 1⤋
What runs my existence are the data. in actual reality that Clinton left place of work with a 127 billion surplus and a ninety billion pay down of the customary public debt. The tax will boost he enacted brought about between the biggest boost in jobs figures in historical past. it is top, and this is not the 1st time this is occurred. Your concern isn't the maths, this is the historical past. in case you knew your historical past somewhat greater powerful you're able to comprehend that significant tax will boost constantly have spurred interest boost, and next boost interior the economic gadget. Why? because of the fact whilst taxes pass up and the wealthy can not save the income they turn to reinvesting the money extremely than giving it to the government. and those investments create jobs. So don't get your panties in a collection over the maths. check out the historical past and understand that Obama is definitely study and doing the appropriate concern for you and for me. "the only concern it is new is the historical past you haven't any longer study...'
2016-11-01 07:08:01 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Why do Dems think so arithmetically (unbelievably simple-minded)? It is truly amazing how they fail to understand that lower tax rates can lead to increased revenues. Following the Bush-initiated tax cuts, tax revenues exploded by a few hundred $billion. Unfortunately, Congress found ways to spend it, as they always have (and will continue to do). They just do not know (or care) to ever cut spending. Congress is despicable.
Hell may freeze over before Dems even begin to understand the workings of tax policy.
2007-01-25 09:54:10 · answer #3 · answered by Anonymous · 0⤊ 1⤋
I think he said he wants to get rid of earmarks (pork barrel
spending). Then I heard he'll catch consequences from
Senators & Congressmen if he gets rid of their pet projects.
Vodoo econmics sounds closer to the truth.
2007-01-25 09:50:16 · answer #4 · answered by Anonymous · 0⤊ 2⤋
He's not going to actually balance the budget... lol. He just wants you to think he will.
2007-01-25 09:49:10 · answer #5 · answered by Anonymous · 1⤊ 1⤋
The House and Senate will take care of that.
2007-01-25 09:59:15 · answer #6 · answered by swampfox 2 · 1⤊ 1⤋
Haven't you heard of tinkle down economics? It's when business expansion creates more revenue, etc.
2007-01-25 09:52:12 · answer #7 · answered by Big D 4 · 0⤊ 1⤋
A lesson from his dad...Voodo Economics.
2007-01-25 09:46:14 · answer #8 · answered by Anonymous · 1⤊ 1⤋
Duh
2007-01-25 09:47:46 · answer #9 · answered by Dave 2 · 1⤊ 1⤋