Re: Bigelow Aerospace to offer $760 million for spaceship
- From: simberg.interglobal@xxxxxxxxx (Rand Simberg)
- Date: Mon, 05 Nov 2007 03:34:17 GMT
On Fri, 02 Nov 2007 16:22:17 -0600, in a place far, far away, Joe
Strout <joe@xxxxxxxxxx> made the phosphor on my monitor glow in such a
way as to indicate that:
The Republicans often make noise about tax cuts "stimulating the
economy" and stating or implying that the initial loss of tax revenue
will be more than offset by an increase in the national productivity.
If this were true, then the debt would decrease relative to the GDP.
Only if one ignores the spending side of the ledger, which is
necessary to defend Democrats in general.
.
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