Clark on the Tax Cuts

[Catch22Dem]

How do you feel about Bush’s tax plan? Would you keep it as is, scale it back, or get rid of it?

Well, the tax plan is enacted. I am in favor of having taxes as low as feasible, but essential government functions have to be resourced. In general, in the long term, the economy and the government functions better if you set up a system in which expenses are roughly matched by receipts.

In the short term, you have an aggregate demand problem in this country and, when you have that problem, it justifies deficit spending. But virtually every economist will tell you—if they are honest about the tax cut anyway —that the tax cuts are very inefficient in creating the kind of increase in demand that is required to pull the economy out of recession. They are not antirecessionary tax cuts. Primarily, they have been designed for other issues—partisan issues and theological issues.

Read More: HERE

[Feanorcurufinwe]

1. 'theological issues'

'theological issues' - isn't that great?

[VoteClark]

2. He makes to much sense

if that is possible

:kick:
J4Clark

[diamondsoul]

3. WOW!

Well, I'll say this, Clark sure as hell has a sack full of guts! That's my dream ticket, though, Clark/Kucinich or vice versa. I don't care as long as those two are the team.