RE: Noted Keynesian Gleeful Over Bombing?

From: Harvey Newstrom (
Date: Tue Sep 18 2001 - 14:42:52 MDT

Mike Lorrey wrote,
> Actually, the rationale for the Capital Gains Tax is to INCREASE tax
> revinues by stimulating more market activity. They also, you didn't
> mention, want to couple this with a rise in the minimum wage since the
> past several increases in the minimum wage have proven to be
> non-inflationary in impact. The Democrats are all for this, though a
> side effect of this will be that more small businesses will be forced to
> employ prisoners, who are not subject to minimum wage protections.

Thanks, I had not heard about the minimum wage hike. Are Republicans for
that one? I notice that both sides of the aisle are a lot more interested
in working together now.

Harvey Newstrom <> <>

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