02-28-2018, 03:13 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
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Quote:
Originally Posted by whell
Once again, Finn jumps in and totally misses the point. Here's the specific part of the post that I was responding to.
In 1990, President George H. W. Bush raised taxes, and GDP growth increased over the next five years. In 1993, President Bill Clinton raised the top marginal tax rate, and GDP growth increased over the next five years. In 2001 and 2003, President Bush cut taxes, and we faced a disappointing expansion followed by a Great Recession.
That quote totally leaves out some pretty key facts to make the point.
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If you wish to continue believing in the magic of supply-side economics (aka you can have it all but have to pay for it with tax cuts), I guess you also believe in free lunches, fairy tales and Trump lies.
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As long as the roots are not severed, all will be well in the garden.
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