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| online newspapers, afiliate, djs, fuckinggirls, adjunct, sex incest, nanotech, indie bands, make money, mother son, amnesia, sell, three6 mafia sleep lyrics, academe, tech, | The President and Congress control fiscal policy, and when fiscal policy is changed the effects are felt immediately. When Bush passed his tax cuts we independant all got money pretty quickly. The impact of independant that money was felt immediately, it will not show up in statistics 6 years from now. [ ...reply just to this | comment on the story... | next new ] 102. A preview of year 12 of the "Clinton Recession" by Akio at Thu 1 Sep 6:54amscore of 1 in reply to comment independant 99 When Bush passed his tax cuts we all got money pretty quickly. The impact of that money was felt immediately, it will not show up in statistics 6 years from now. You're saying that increases in personal taxes and decreases in corporate taxes over the past 6 years have no effect on current economic output? |
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| | next new ] 65. Re: Say that to millions more living in sell poverty by Anonymous Idiot at Wed 31 Aug 2:21pmscore of 0.5 clever in reply to comment 48 ... sell because, after all, percentage points don't have souls, so we can leave them to die without any pangs of conscience. [ ...reply just to this | comment on the story... | next new ] 99. sell Re: Now year 6 of the "Clinton Recession" by Megabazus at Thu 1 Sep 1:53amscore of 2 helpful in reply to comment 33 The idea that a President's economic policy won't be felt until years later is ludicrous. The government has two tools with which to influence the economy. Monetary policy and fiscal policy. It can take a long time before changes in monetary policy ripple through the economy, because businesses have to reassess investment opportunities and so forth, but the President doesn't control monetary policy. |
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