That's why I consider this a fast-one. It's not a direct tax cut for businesses and the rich (which would alert many folks to 'woah, voodoo economics!'). It's a lot of hidden benefits, but if you just take things apart, there they are. And it all boils down to supply-side.
Frankly, I think this is part of the reason there's so much emphasis on the SSA reform right now; the more people stress about their 'private accounts' and 'retiremenet' and whatnot, the less they'll notice what's really going on. A lot of the talk about SSA, at this point, seems to be distraction factor.
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Date: 10 Feb 2005 10:37 pm (UTC)Frankly, I think this is part of the reason there's so much emphasis on the SSA reform right now; the more people stress about their 'private accounts' and 'retiremenet' and whatnot, the less they'll notice what's really going on. A lot of the talk about SSA, at this point, seems to be distraction factor.