I took an upper division economics class a couple of semesters ago. Global, and our country's economics lag by about 4-5 years. Clinton inherited the previous administrations good wealth and cruised during his two terms, leaving just as things started to go down hill. Bush inherited his gigantic mess, and if is re-elected may see things turn back up by the end of his second term.
Why give tax cuts to the poor, the majority of them don't pay taxes, the people who need tax cuts are the middle and lower upper class. These people generally have educations that will protect them from becoming unemployed and maintaining their spending habits will stabilize the economy.
Those complaining about the war in Iraq hurting the economy don't realize that wars have a positive effect on the economy. The munitions are made in america, in american factorys. The planes and ships and vehicles and weapons are all made in america by americans. Increase (something along the lines of a couple billion dollars) in military spending will go into the american economy. The soldiers are americans and will eventually end up spending their money usually in america boosting the american economy. War is what pulled us out of the great depression, both World Wars gave the economy tremendus boosts, leaving America a world power in both cases. Time for class, i'm off.
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AA:O -=That May Be Your Way, But Its Not The Army Way=-
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