Saturday, October 18, 2008

"When I'm not celebrating Papuan independence, I'm a New
Guinean economist who's been following the presidential race
in the U. S. very closely for the past two years. What I've been
hearing from candidates in both political parties is 'Lower
Taxes On....Suspend Tax Rules That....Accelerate The Tax
Write-Off For....Reduce Capital Gains Taxes For....Eliminate
Taxes On....', et cetera. So here's what I'd like to know. Given
the fact that the national debt of the U. S. now exceeds
$10 trillion and the budget deficit for the fiscal year just passed
was almost $500 billion, isn't talk of more tax cuts rather, shall
we say, uncivilized?"

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