Quote:
Originally Posted by whell
No, it's not. But I won't try to demonstrate otherwise. Sometimes folks just want to believe what they want to believe.
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Its OK, I get it. You would rather regurgitate than actually discuss.
You still have not answered the primary question on supply side, how does one justify tax cuts with money that's needs to be borrowed. Businesses like mine does this all the time, we often borrow money for capital expenditure but these loans need to be guaranteed with underlying assets in private companies or financed by investors in public companies.
And where does a government get the money for the tax cuts or for that matter money for interest payments. Answer, government borrow even more for the debt service and this cost is borne by all the tax payers while the rich and the wealthy enjoy tax cuts from this government ruse.
Supply side is Trickle Down and it never trickles. Money gets sucked up and up like those tubes in drive by bank counters.