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Reply #14: Look at what Warren Buffett has to say ! [View All]

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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-21-04 04:37 PM
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14. Look at what Warren Buffett has to say !
"Warren Buffett Urges Higher Corporate Taxes" posted at

http://www.commondreams.org/headlines04/0306-01.htm

This means that they are beginning to see that "supply side" b.s. needs to be tossed overboard and "demand side" economics (aka Keynesian economics) needs to be the replacement. This would restore marginal propensity to consume back to its original primacy and tax policy would again allow money to flow to those with the proclivity to spend it and not 'hoard it under a mattress' or waste it in some bone-headed Enron-type pie in the sky ripoff.
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