[Vision2020] Say What?

[lfalen]

Thanks Ron
I am not an economist, but it is hard for me to believe that deficits don't matter, regardless of who says otherwise. I think that the answer is to reduce spending, not to increase taxes. I am for a strong military, but I think that there is a lot of rum to makes cuts there also. I have severe reservations about our involvement in Libya.
Roger
-----Original message-----
From: Ron Force rforce2003 at yahoo.com
Date: Fri, 22 Apr 2011 14:40:40 -0700
To: lfalen lfalen at turbonet.com,  Tom Hansen thansen at moscow.com, Moscow Vision 2020 vision2020 at moscow.com
Subject: Re: [Vision2020] Say What?

> It's from Paul O'Neil's (Bush's first Treasury Secretary) book The Price of 
> Loyalty. here's a quote from a review:
> 
> 
> In another meeting, this one on tax policy, Vice President Cheney  -- depicted 
> as the power behind the throne of a disengaged and clueless  president -- 
> proposed a 50 percent cut in the individual tax on  dividends. Mr. O'Neill says 
> he ''jumped in, arguing sharply that the  government 'is moving toward a fiscal 
> crisis,' '' pointing out ''what  rising deficits will mean to our economic and 
> fiscal soundness.'' 
> 
> But Mr. Cheney was uninterested in such goo-goo concerns, Mr.  O'Neill recounts, 
> quoting him: ''Reagan proved deficits don't matter. We  won the midterms. This 
> is our due.'' Mr. O'Neill professes he left Mr.  Cheney's office ''in a state of 
> mild shock.'' He knew Mr. Rove and  others believed this ideology, but ''to hear 
> it from the vice president  seemed to stop the world turning. The inscrutable 
> Dick had finally shown  himself.'' 
> 
> 
>  Ron Force
> Moscow Idaho USA
> 
> 
> 
> 
> ________________________________
> From: lfalen <lfalen at turbonet.com>
> To: Tom Hansen <thansen at moscow.com>; Moscow Vision 2020 <vision2020 at moscow.com>
> Sent: Fri, April 22, 2011 11:10:46 AM
> Subject: Re: [Vision2020] Say What?
> 
> My guess is that this is misleading. How about supplying the context in which it 
> was made?
> Roger
> -----Original message-----
> From: "Tom Hansen" thansen at moscow.com
> Date: Thu, 21 Apr 2011 17:24:38 -0700
> To: "Moscow Vision 2020" vision2020 at moscow.com
> Subject: [Vision2020] Say What?
> 
> > "Reagan taught us that deficits dont matter.
> > 
> > - Former Vice President Dick Cheney
> > 
> >http://www.businessinsider.com/weekender-the-trouble-with-modern-monetary-theory-mmt-2011-1
> >1
> > 
> > -------------------------------------------------
> > 
> > Seeya round town, Moscow.
> > 
> > Tom Hansen
> > Moscow, Idaho
> > 
> > "The Pessimist complains about the wind, the Optimist expects it to
> > changeand the Realist adjusts his sails."
> > 
> >  - Unknown
> > 
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