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Doug Miller Doug Miller is offline
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Default Lead (Pb) price continues to skyrocket

In article , "Adam Corolla" wrote:

Because they use the reasoning "Reducing taxes stimulates the economy,
increasing business and creating more jobs, which means more salaries are
being paid out and taxed, which brings more money in as taxes." In reality,
supply-side economics is fundamentally flawed and the boost to the exonomy
comes from government borrowing and spending.


That's absolute nonsense. Government borrowing drives interest rates up by
increasing the demand for borrowed money; perhaps you'd care to explain how
increasing interest rates boosts the economy? And government spending never
provides as much of a boost to the economy as the same amount of private
spending -- they can spend only what they take from us, but far less
efficiently.

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Regards,
Doug Miller (alphageek at milmac dot com)

It's time to throw all their damned tea in the harbor again.