You have got to be joking. Reagan’s cute little trickle down theory does not work no matter how much the conservatives want it to. When you cut taxes you are taking money away from the government no matter how you want to phrase it. Think about what the majority of your money is spent on outside of your mortgage payment, your car and your gas and your food. If McCain cuts taxes and say you get a 5,000 dollar tax cut most of that money will be spent on paying car payments, your gas bill and your food. Almost all of the gas you buy comes from overseas and the majority of cars being driven across America come from over seas. This leaves the only major expense you have coming for the most part from America to be food and still a large portion of that goes overseas. This means that the majority of the tax cut you receive will go straight out of America and to foreign economies. Now back to the Reagan tax cuts. When Reagan cut taxes basically what happened was the rich got richer and the poor got poorer. The 80′s and early 90′s were not good times financially for America overall. One reason was because Bush I taxed the wrong people and because like I said before Reagan tried to show that if the wealthy were doing fine then the rest of the country would be doing fine as well. You are correct the financial well being under Clinton the country experienced was partly due to the internet boom, but mostly it was due to the taxing of the correct social groups to bring us out of the period of domestic violence that was around in the 80′s and early 90′s because of poor economic times. And lastly if you call what we are in now an economic boom then you must be crazy. We are about to fall into another great depression and over 6% of the American working class is unemployed. What must be done immediately is undoing the Bush tax cuts for the upper class and easing the tax burden on the majority of American consumers. This will solve the housing crisis because the Americans who face foreclosure will be able to make their mortgage payments. All of this can be done without going over 20% GDP because we are merely leveling the playing field and taxing a persons income based on an even percentage. Also taxes must be set high for businesses who send jobs overseas because then the government can receive money along with bringing jobs back to America when companies find out it is not worth sending jobs overseas. I agree with you on one more note as well. Out of control government spending must be stopped so the deficit can get smaller rather than larger. If that happens then the government can better control other things such as health care and education. Cutting taxes will help put money back in the pockets of the American people, but as soon as that money is spent on overseas goods the deficit will only get larger and we will only fall into a deeper larger economic hole. Also, to whoever called Obama an Arabian he should just shut the hell up because he has no idea what he is talking about and he is only making it more difficult to prove your point which is failing as it is. And lastly I am making assumptions, but the difference between your assumptions and my assumptions is that mine are not made based on the feelings of my family tree, but on what will bring jobs to my country and a sound economy. Please respond because I get a kick out of hearing things like the economy was sound under Ronald Reagan.
