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Re: Budget follies
Absolutely right. That's the whole idea. In thier world-view,
which I think is widely held in America, businessmen (and women!)are the
heroes. Adversity -- like unemployment -- spurs the heroic to action --
to take risks, start businesses. In this way the heroes provide incomes
and opportunity for their meeker brethren. Taxing the heroes reduces both
their ability
and their incentive to take risks.
Charles writes:
>Would I be right in thinking that part of the supply-sider rationale
>would be that the rich will invest the taxcuts; that is the bone
>supply-siders throw to the unemployed, the indirect help in making more
>jobs for them to have ; that mean spirited Americanism ?
>
>Charles
>
- Thread context:
- : Re: Budget follies, (continued)
- NAFTA report,
Ian Murray Tue 08 Jan 2002, 21:18 GMT
- about conspiracy,
Charles Brown Tue 08 Jan 2002, 21:16 GMT
- comments on Baker reports,
Devine, James Tue 08 Jan 2002, 21:09 GMT
- FW: [Arg_Solid] Assorted Financial Shorts (Argentina),
michael pugliese Tue 08 Jan 2002, 19:30 GMT
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