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Adam Corolla Adam Corolla is offline
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Default Lead (Pb) price continues to skyrocket


"Gunner Asch" wrote in message
...
On Sun, 28 Oct 2007 06:07:27 -0500, "Adam Corolla"
wrote:


I actually get a chuckle out of the supply side "experts". They want to
sell
the public a bunch of bull**** and dress it up in fancy economic terms
to
make it sound like it makes sense. Think about it. What they are saying
basically is this. Lower the rate of taxes the government charges the
population and you will wind up taking in more money. On it's face it's
ridiculous. Ask the public to pay in less money to the system and the
government will have more money. Give me a break. It's a total con job.


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.



Which is why after a tax break, revenuse steadily in crease, but after
a increase in taxes, revenues sharply increase, then rapidly fall off
as taxpayers start finding shelters.


If that were true, I wouldn't have said otherwise. However, if it were
true, there would be evidence other than "Because Rush told me so."

Just because someone makes you feel smart doesn't mean they aren't filling
your head with lies. Engage your skepticism the most when you most *want*
to believe.