<OT> oh, my

Ken Moffat kmoffat
Mon May 17 11:58:18 PDT 2004


dep wrote:

>quoth Ken Moffat:
>| We'll see if this is a real program or just another under funded vote
>| getter. And will it be payed for with another tax cut?
>
>if it were, it would be very like the 1961 plan for going to the moon. 
>kennedy both proposed it and cut taxes, which resulted in increased 
>revenues, which financed it. the principle of price elasticity of 
>demand does indeed apply to taxes.
>  
>

I hope so. Otherwise the ballooning budget deficit will have dire 
consequences, yes?

-- 
Ken





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