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Investment Analysis Clubs / The BMW Method
|Subject: Re: Bargain hunting||Date: 11/15/2012 2:50 AM|
|Author: rubberthinking||Number: 40784 of 42007|
There are three ways to deal with a deficit:
1) reduce spending
2) increase revenues
This type of thinking in some ways.....is static.....
there is a forth way to lower the deficits longer term.....
lowering taxes on the middle classes or on work done.....
a small raising of taxes on the wealthy.....back to the Clinton days....
and with economic growth welfare spending of all stripes would decline.....
This approach is more than simply a one year plan.....
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