Supply-Side Economics

[whell]

Originally Posted by Rajoo

Similar case can me made for the Reagan era and predictions are dire for the Trump tax cuts.

Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds

https://www.theatlantic.com/business...-finds/262438/

Give me a break. The Bush first term was met with the economic impact of the burst of the dot com bubble, the lingering impact of the Y2K scare. EGTRA was passed in June 2001, but then we had planes ramming into the WTC and the Pentagon. This caused the recession to deepen and lengthen, caused a huge ripple in the insurance / reinsurance markets and a significant downward push in stock prices. To say that the tax cut, and the face of that set of circumstances, "didn't lead to economic growth" is really playing pretty fast and loose with the facts.