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Old 07-12-2005, 09:20 PM   #3576
Say_hello_for_me
Theo rests his case
 
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Join Date: Mar 2003
Location: who's askin?
Posts: 1,632
Voodoo Economics

Quote:
Originally posted by sgtclub

However, some economists say at least part of the improvement is a temporary windfall from other factors, including last year`s stock market gains.
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I've been thinking for quite awhile that the G should have allowed people to write off much more of their losses resulting from the Clinton bubble. It would have resulted in a greater short-term deficit, but long term would have hastened the disappearance of annual reminders (tax preparation) of losses that people had sustained. I'd posit that this would have resulted in greater investment and greater taxable returns by now. Instead, we have people writing off 3k per year who are still licking their wounds. Never seen any research or position papers for this.
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