Tag Archives: Quotations deflationThe individuals Middleclass

Instead of arguing that Mr. Bush’s tax cut goes too far, …

Instead of arguing that Mr. Bush’s tax cut goes too far, we Democrats should be arguing that it doesn’t go far enough. Middle-class families need more tax relief now as America faces an economic threat we haven’t seen since the 1930s — the threat of deflation.The Federal Reserve has already cut interest rates to the lowest levels in 40 years, and there’s not much more it can do. This country needs a massive economic stimulus now, before we head down the road of falling prices, falling wages and falling home values. There is a way out and it works. Let’s cut taxes for individuals and business even more, right now. Zell Miller
U.S. Senator, Georgia, Democrat

Instead of arguing that Mr. Bush’s tax cut goes too far, …

Instead of arguing that Mr. Bush’s tax cut goes too far, we Democrats should be arguing that it doesn’t go far enough. Middle-class families need more tax relief now as America faces an economic threat we haven’t seen since the 1930s — the threat of deflation.The Federal Reserve has already cut interest rates to the lowest levels in 40 years, and there’s not much more it can do. This country needs a massive economic stimulus now, before we head down the road of falling prices, falling wages and falling home values. There is a way out and it works. Let’s cut taxes for individuals and business even more, right now. Zell Miller
U.S. Senator, Georgia, Democrat