I'm afraid that's the popular mantra, but it isn't true. Reagans policies DID work. Cutting the tax rates is what drove the tech bubble. Yes, it took time, but it did work. Business was willing to invest as were private individuals. When Slick Willie went after Microsoft that pricked the bubble and investor confidence collapsed. Bush 2 method was working for the most part, but between the wars and idiotic laws requiring banks to lend to unqualified applicants...you saw the result.
Yes, we need to increase revenue and cut spending. That's the only feasible answer. For the guy wondering why the other guy is better than the one in office now- that's you answer. The other guy will provide confidence for business to invest again and has the backbone to make some cuts, like means testing for SS and doing something about the fraud in Medicare/Medicaid. He's not the one I really want, but he's a heck of a lot better than the one that's in there now.
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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