Off-Topic: The answer is simple

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	Name:	MartiniMan -
	Subject:	The answer is simple
	Date:	4/18/2011 8:20:02 AM

The tax rates had absolutely nothing to do with the recession. I could list a million other aspects that also had nothing to do with the recession. It was caused by a housing bubble collapse. The housing bubble was created by the federal government distorting the free markets, primarily with Fannie and Freddie buying up trillions in mortgages thereby freeing up lenders to lend to people who should never have been eligible. They created a moral hazard by distorting the markets. There are a couple of good books that I could recommend that examine this very well.

And be assured the markets have their share of the blame. They lent money to people that never should have qualified but they knew they would be able to sell those mortgages and would never have to service them so why not?

And you need to recall that our current tax rates were instituted after 9/11 and were very instrumental in the U.S. economy recovering quickly. GF, lowering tax rates helps the economy, just ask Bill Clinton or JFK. Only the economically illiterate like your Messiah and Hound think that it will help the economy recover. You just watch, if taxes go up again we will have a double dip recession. It happens every time its tried. Just ask Algore who lost to W because Clinton raised taxes "too much" (Clinton's words, not mine) and it caused the economy to stall.

Other messages in this thread:

View Entire Thread

WHY DO I????????? - GoneFishin - 4/17/2011 9:06:49 PM

Ah...the economically illiterate - MartiniMan - 4/17/2011 9:17:25 PM

Ah...the economically illiterate - GoneFishin - 4/17/2011 9:41:46 PM

Ah...the economically illiterate - Barneget - 4/17/2011 11:20:44 PM

Ah...the economically illiterate - water_watcher - 4/18/2011 7:13:12 AM

The answer is simple - MartiniMan - 4/18/2011 8:20:02 AM

simple - MAJ USA RET - 4/18/2011 10:47:52 AM

WHY DO I????????? - Tall Cotton - 4/17/2011 10:21:09 PM

WHY DO I????????? - Tall Cotton - 4/18/2011 7:56:55 PM

WHY DO I????????? - water_watcher - 4/19/2011 6:49:16 AM

WHY DO I????????? - water_watcher - 4/18/2011 7:07:19 AM

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