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Re: We Are Japan by Steppenwilf 06/28/2009, 2:12pm PDT
Fussbett wrote:

Japan also cut taxes TWICE in the 90's. For some reason, Reason doesn't mention that.

The Bank of Japan also printed money like crazy, buying up vast amounts of Japanese government debt and financing the mother of all "stimulus packages." Art Laffer, the godfather of tax-cut supply-side voodoo Reaganomics horseshit, is certain that the US's similar program of "debt monetization" will result in a Wiemar-style hyper-inflationary spiral within days, if not hours. Hmm, I wonder how it turned out for the Japanese?
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reason.tv presents blushing animu whore next to obama (oh and our lost decade) by Weyoun Voidbringer 06/23/2009, 7:59pm PDT NEW
    could have embedded if this site allowed javascript NT by Weyoun Voidbringer 06/23/2009, 8:07pm PDT NEW
        also blink tags would be beneficial to my posting. NT by gruman 06/23/2009, 8:13pm PDT NEW
    CUT TAXES, always the first solution. Will it be enough for Craig T. Nelson? by Fussbett 06/23/2009, 8:20pm PDT NEW
        Re: We Are Japan by Steppenwilf 06/28/2009, 2:12pm PDT NEW
            That can't be Jsoh NT by Fortinbras 06/28/2009, 2:28pm PDT NEW
        Guess who DIDN'T cut taxes? THAT'S RIGHT. by Fortinbras 06/28/2009, 2:50pm PDT NEW
            Hmmm, better cut taxes. In fact... how about NO taxes? Nobel prize to -------> NT by Fussbett 06/28/2009, 5:53pm PDT NEW
                We can invade South America for their GOLD O________O NT by Fortinbras 06/28/2009, 6:52pm PDT NEW
 
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