Which excuse are you going delude yourself into believing now that I've shown Keynesian presidents like FDR, JFK/LBJ, and Clinton leave tax cuts for the rich supply side presidents like Reagan and Bush Jr in the dust?
1) Having the highest real GDP on record is proof tax cuts for the rich work, regardless of the fact that every single president since atleast FDR could have said the same thing when they were president.
2) It takes 4, 8, and sometimes 12 years for a president's policies to have an effect on the economy. That's why Clinton was reaping the rewards of Reagan's tax cuts (let's just forget the Bush Sr recession for now)
3) Government policy has absolutely no effect on the economy whatsoever. FDR, JFK, LBJ, and Clinton were just plain lucky.
2007-04-06
17:03:49
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9 answers
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asked by
Anonymous
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Politics