Quote:We are going to have to agree to disagree here. You basically proved the point of my post with the bold quote above.

 

If someone is already in personal debt before being taxed less and having an additional $8,000 in their pocket annually, then you would hope they would use that to pay down their debt. Other responsible citizens not in debt will do exactly what you said. Extra spending = booming economy.

until more people go back on public assistance and government programs, stop going out to dinner as much, stop buying items they dont need and only buying what they need....

 

The responsible part is the problem...if people can afford something, they buy it and then they dont have the money to do all the other things you mentioned...

 

Look at the tax returns... people are rich for a week and then back to being broke rather than pay off their debts or catch up the past due bills

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