avatar
st
1
no PA to anybody here on board to avoid probelm. :D
so I think you mean George W Bush... Democratic/Republican can hardly
put high tariff on chinese goods... well, demos support domestic product,
blah blah... GW Bush also stand by "made in china" box printing "made in USA"
to claim he wants to boost domestic product, who cares? lobbists got the power,
so that the senators can put law to cut tax for millionaires with a law titled
as "food stamp for hungry kids" proposal...
now back to the tax cut
avatar
h*5
2
avatar
f*s
3
First of all, one should not use immediate results to judge the effectiveness
of a policy. If everybody in US is to receive a $100,000 tax credit, of course
it may boost the economy temporarily, as people will use this money to buy
cars, houses, etc. The key for every tax cut is whether it could provide
continuous stimulation of the economy (良性循环). However, this is not what
we are having right now. Retail stores (such as Walmart) witnessed by their
sales results recently that the child credit ef
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