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Click to download the March, 2010 Edition of Chatham County Line

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Edition of Chatham County Line

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Benefits of large tax cuts largely a myth
by Julian Sereno

Tax cuts are the balm that cures any ailing economy, according to Conservative dogma. They are wrong, as ideologues usually are.

Without question, judicious tax cuts help crank up the economy. But excessive tax cuts flood the economy with too much money chasing too few good business opportunities. The inevitable bubble forms and bursts. As government expenditures rise inexorably, and the government borrows. The next generation is asked to pick up the tab.

“A rising tide lifts all ships,” said President Kennedy, describing the tax cut his administration enacted, which were credited with bringing about the Go-Go economy of the 60s. More...

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Page 1 - A look at migration from the other side of the border * In high school and undocumented * Chatham strives for immigration reform - Page 2 - Briefs and Announcements - Page 3 - Chatham's population grew from many roots - Page 4 - Exercise your immunity - Page 5 - The stress monster loves sleeping pills - Page 6 - Keeping an eye on energy cuts costs - Page 7 - Welcoming garden immigrants, wind at their backs * 20th annual Haw River Clean-Up-A-Thon - Page 8 - The world moves to northern Virginia - Page 9 - Briefs (cont. from 1) - Page 10 - Abwanderung - Judy Hogan to teach poetry, lifestyle - Page 11 - Chatham OPINION Line - Page 12 - Chatham Comunidad


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P.O. BOX 1357 · CARRBORO, NC 27510 · 919.740.5231 · editor@chathamcountyline.org

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