Friday, May 09, 2003

Tax cuts for business investments are not necessarily the answer. Businesses do not spend or invest unless they know that there will be a sustained demand for the product. For this reason, stimulus should be cunsumption driven and as well as provide the environment for businesses to invest to meet demand.

Trickle down economics is really voodoo, because what those economic charts fail to account for is self interest, greed and most importantly power. Once a certain class attains power they will manipulate the market to prevent it from being an authentic market. All things being equal, trickle economics may work, but all things are never equal and the deck is stacked against the less powerful. Long and short, we need tax cuts, for the people and small bizzes not the wealthy and not the huge corporations.


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