<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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