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To: hubbubhubbub

"Probably because 1/3 of Americans are actually economically literate. They understand the overwhelming trade and current account deficits. They realize that the massive amounts of credit creation by the Fed (to boost the housing market) is doing great damage to America's international competitiveness."

Hopefully, they also understand the fact that our antiquated and horribly inefficient tax system is a major contributor to both of those problems.


172 posted on 08/20/2005 5:52:04 AM PDT by phil_will1 (My posts are in no way limited or restricted by previously expressed SQL opinions)
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To: phil_will1

This country was the stongest in the world (19th century) when we paid little or no taxes.


182 posted on 08/20/2005 8:36:06 AM PDT by hubbubhubbub
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