09-06-2005, 10:36 PM
Just to be clear, my train of though completely missed the "Well, part of that policy does involve long term gain" angle, due to the silly notion of "Lower taxes + Increase debt = increased interest on the debt = debt may become crippling in the future."
Forgot that the economic growth bit is meant to offset the debt, with the supposed increase in tax revenue through GDP increase. Well, its supposed to do that, at least. When there aren't any extreme circumstances. Like Katrina. Whoops.
Forgot that the economic growth bit is meant to offset the debt, with the supposed increase in tax revenue through GDP increase. Well, its supposed to do that, at least. When there aren't any extreme circumstances. Like Katrina. Whoops.