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down, the demand will not exceed where it is naturally, and even if the market goes bursting, it will be only a mild slow down. In Eisenhower's presidency, there were 7 cycles. However, none of which is really large. The economy as a whole rises slowly, but steadily. The people see mainly their wealth to accumulate. This is the principle of a good economy.

Thus, we want to hike the taxes sometimes. The principle is pretty simple: when the economy is doing well, we should raise taxes, restrict governmental spendings, and strengthen the regulations; when the economy is not well, we lower taxes, expand governmental spending, and relax regulations. Thus, the boom cycle will steady, and the burst cycle will be mild. This creates a steady economy that, in overall, constantly increases.

I believe that the main point of an economy is not in producing wealth, but in ensuring that we have happy lives. Hey, God did not create us just to produce and consume, right? He created us so that we can seek higher causes, so that we can make him proud. The economy should not put on our shoulders pressure, but to take away the pressure from us, free us to explore our talents and values, so that we can contribute our ways to the Kingdom of God. An extreme economy, one will higher boom and low burst, will pressure us. In boom cycle, we will over-work to pump up the supply. In burst cycle, we will worry to death to get something to the table. Where is happiness in such economy? In contrast, a steady economy relieve the stresses, and allows us more spaces to have fun in our lives, to care for our families and children. Thus, tax hikes are needed. Well, I am wrong. Tax hikes are crucial for a government to build a stead economy, an economy that will benefit its own people.

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