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Author: PosFCF Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 454726  
Subject: Re: the great problem of misperceptions Date: 12/18/2012 9:59 PM
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The rhetoric made by a political figure that "passing an extension of the tax cuts on the middle class immediately will go a long way towards solving the fiscal cliff problem", does not even make sense (how can collecting less money go a long way towards solving a deficit problem). The very fact that statements like this go unchallenged and are accepted as gospel shows how ridiculous the discussions have become.

But isn't this the very rationale those who initiated the tax cuts used? Isn't this the core of supply side economics?

Poz
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