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Old Posted Oct 20, 2008, 7:33 AM
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Quote:
Originally Posted by newflyer View Post
This is pretty basic old school economics...

Kaysian economics suggests the best time to introduce major government projects and tax cuts is during periods of slowing economic growth or declining economies.
If companies don't pay taxes when they don't make a profit, how are tax cuts going to help them? Sure, it will help them when they become profitable again, but looking just at forestry, they never do become profitable. They go under. And big government projects and cutting government spending don't quite go hand in hand, I think. Especially when you throw in tax cuts, that's just asking for a deficit, and having to borrow money is what got us into this mess in the first place.

Keynesian, btw. Now tell me why I don't understand the theory you can't spell the name of.
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