Vigilante
Diamond Member
- Banned
- #41
Bullshit! Your LOGIC is flawed as usual! The massive investment was DOT. and because of that some other sectors of the market went along for the ride! Millions of people got RICHER because of DOT. and bought homes, cars, expensive items with profits lifting all aspects of the economy! Damn, now we have to teach your economic history...you lackey!no, he knew what he was doing and he did it with the intention of making things worse so that more people needed the government to get by.Harding cut taxes and spending by 1/2, his actions brought a depression to an end in 18 months and spurred the Roaring Twentys.
did you know that? no, of course not, b/c you've been told that increased taxes and increased spending works, even though it's a failed idea
Yup Harding did what Barry didn't have a clue about doing. Guess the Law Professor never read history.
Not that Barry gave a shit. He was more into foisting his ACA POS on the American Taxpayer.
and it worked, like a charm, as more people are on welfare than ever before
it's Cloward-Piven happening right in front of us
Clinton raised taxes in 1993 and got debt reduction AND economic prosperity. Remember the roaring 90's?
Yeah, the DOT. bubble sure was fun until it burst!...I thought GORE did that!
The investment boom in the nineties was not limited to so-called dot.com stocks.
The stock market soared because of massive investment, which in and of itself totally demolishes the standard conservative argument that higher taxes impede, reduce, discouragement investment.