Re: TAX CUTS and stimulus, stock market. inequality

["Forstater, Mathew" <ForstaterM@xxxxxxxx>]

Chris - note our problem with the "economists' statement against the
Bush Tax cut" was the grounds for their rejection and its emphases. We
note that there are problems with the Bush plan, but not those that are
emphasized by the economists' statement. Its emphases on "fiscal
responsibility" etc.  note we are all for increased spending, increased
spending would play an important part in our ideal road to the necessary
deficit/GDP ratio we believe this economy needs. But tax cuts can also
play a role. Note the tax cuts we prefer, payroll tax cuts, etc. but
that economists statement is an embarrassment. It is the same ole
Beltway insider "say anything to score a few brownie points" approach
that has gotten us nowhere and will hurt in the long run. Do you still
think it was a good idea for the Dems to have abandoned their
traditional budgetary common sense to go "sound money, sound finance" so
they could call the Reagan deficits "irresponsible"?  again, there are
criticisms that could have been made, the composition of spending
(military vs. social) the kinds of tax cuts, etc, but that move got us
Clinton surpluses and Gore lock boxes, and now the nonsense that comes
out of Daschle's and other's mouths. Mat