The Tax cut... why should it work now

sarettah · 06-08-2003

from the economic times today:

http://economictimes.indiatimes.com/cms.dl...show?msid=12673

WASHINGTON: US treasury secretary John Snow said that recently enacted tax cuts will lead to a more vibrant economy and an improving employment picture by the fourth quarter of this year.

“We are going to see the jobless (rate) improve. We’re going to see people going back to work. We’re going to see higher growth rates. We’re going to see a more vibrant economy. And we’re going to see it by the fourth quarter of this year,” Mr Snow said in a taped interview with Fox News Channel that aired on Saturday.

from the House GOP Committee Central May 25, 2001:

http://www.policyalmanac.org/economic/arch...001-05-25.shtml

The conference report to H.R. 1836 provides $1.35 trillion in tax relief to the American people. It eliminates the marriage penalty for most middle class taxpayers, eliminates the death tax by the year 2010, promotes long-term economic growth and short term-economic stimulus.

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Generally, if you try something and you observe the results you should expect the same results when you try it again..... That is a lesson most of us learn by the time we are 2 years old....

Why should this be any different...

The tax cut of 2001 was supposed to improve the economy, get folks back to work etc....

It didn't...

Why should we expect another of the same to return any different results...

06-08-2003	#1
sarettah Stay Out Of The Box Want to see your own Advertising Here! Join Date: Oct 2002 Location: Lost in the ozone Posts: 10,318	from the economic times today: http://economictimes.indiatimes.com/cms.dl...show?msid=12673 WASHINGTON: US treasury secretary John Snow said that recently enacted tax cuts will lead to a more vibrant economy and an improving employment picture by the fourth quarter of this year. “We are going to see the jobless (rate) improve. We’re going to see people going back to work. We’re going to see higher growth rates. We’re going to see a more vibrant economy. And we’re going to see it by the fourth quarter of this year,” Mr Snow said in a taped interview with Fox News Channel that aired on Saturday. from the House GOP Committee Central May 25, 2001: http://www.policyalmanac.org/economic/arch...001-05-25.shtml The conference report to H.R. 1836 provides $1.35 trillion in tax relief to the American people. It eliminates the marriage penalty for most middle class taxpayers, eliminates the death tax by the year 2010, promotes long-term economic growth and short term-economic stimulus. ************************************************** * Generally, if you try something and you observe the results you should expect the same results when you try it again..... That is a lesson most of us learn by the time we are 2 years old.... Why should this be any different... The tax cut of 2001 was supposed to improve the economy, get folks back to work etc.... It didn't... Why should we expect another of the same to return any different results... __________________ Free Adult Webcams