Re: Keynesian State of the Union

[slarson <slarson@xxxxxxxxxxxx>]

>===== Original Message From "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx> =====
>A"high-end" tax cut is essentially a supplyside measure, not Keynesian.
> The entire Bush economic program is supplyside, and not demand
>mangement.  It will not work. You should read the transcript of the
>Democratic response by Governor Gary Lock of Washington.
>
I heard it last night. It oozed of budget balancing and fiscal responsibility.
Between the Devil and the Left Blue Sea I go with the devil on this. (And just
for the record, Andrew Mearman et consortes: I do NOT sympathize with Bush on,
e.g., abortion, gay marriages or Christian organizations in drug abuse
treatment...)

/srl

--
Dr. Sven R Larson
Department of Economics
Skidmore College
815, N. Broadway
Saratoga Springs, NY
(518) 580 5278