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Actually energy costs are not very high right now. In real terms (allowing for inflation) prices are lower than they were in the 80s. I think rewarding companies with tax breaks for leaving the country will have a larger impact. Job creation, while finally starting to improve, has been dismal and is the key to improving the overall economy- giving people money to spend on good and services. Bush's tax cuts mostly went to those who would not spend most of it and that is why it has not given much stimulus to the economy. The soaring budget is what will cause interest rates to rise and send things backwards as the government has to borrow more money and pay higher rates to do it. This happend after Reagan's tax cuts as well. Clinton and most governors squandered their surpluses by cranking up their spending rather than putting some aside for a rainy day.
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I add new pictures to my photo gallery pretty regularly. You can see them here if you are interested: http://www.pbase.com/jeffryz
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