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Rep vs. Dem Differences



 
 
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Old September 3rd 04, 10:58 PM
Peter Gottlieb
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"Newps" wrote in message
...

Economics - Maximize wealth at top (trickle-down theory). Works
well for top, worse for others.

Very simple. The more money you let all people have the more money that
can ciruclate in the economy. The more you have the more that trickles
down. For example 4 years ago I put an addition on my house for $55K. If
I don't have access to that money the contractor I hired doesn't get the
job. He makes a certain amount of profit, now he can trickle down some of
his money to somebody else by spending his money on something that is
important to him. The more money you have to spend the better the economy
will be.


Ok, so what part of what I said does not match with what you said?

Regardless, like I said, the way to maximize taxpayer's take is to reduce
the size of government, not increase it.

A lot of economists disfavor the "trickle-down" theory as not being as
efficient as more balanced tax cuts. It does *seem* like it could work, but
the studies don't seem to clearly bear this out (IIRC there was a lot of
excess funds at the top being saved or invested overseas so not helping this
country's economy).

I'm not for higher taxes, certainly. However, I do believe we need a
smaller government as a first step. Democrats are called "Tax and Spend"
but Republicans are turning out to be "Spend and Borrow" which is even
worse.


 




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