View Single Post
  #22 (permalink)  
Old 11-08-2018, 06:38 AM
GetAClue's Avatar
GetAClue GetAClue is offline
Scholar
 
Join Date: Jan 2011
Location: Northern Ohio
Gender: Male
Posts: 4,012
Thanks: 5,621
Thanked 3,630 Times in 2,130 Posts
Default Re: Payrolls rise more than forecast as wage gains top 3 percent

Quote:
Originally Posted by saltwn View Post
then they should have quit spending first.
instead, they're doing the same thing reagan admin did. lowering taxes too fast, too much while still indebted.
Yes, the Federal government should lower spending. That is something that I have said repeatedly on this board.

However, lowering tax rates does not necessarily equate to decreased revenues by the Federal Government. As taxes are reduced, the economy picks up thereby increasing the amount of money being spent in the country thereby increasing tax revenues. This was proven under Reagan and is showing signs of happening again.
__________________
To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine

A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington
Reply With Quote