Quote:
Originally posted by Mmmm, Burger (C.J.)
Are you saying that increased taxes under Clinton stimulated the economy? Because that's laughable. The most you can say is that the increased taxes did not dampen the economy, just as the tax cuts of Reagan and Bush do not stimulate the economy.
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I may be wrong, but I think that all he was saying was that the increased tax revenue in the Clinton years was attributable to increased income and gains, which would fit within the Supply Sider argument, but the conservatives did an about face and argued that the ecnomic growth was part of an economic cycle which governmental policy is unable to influence. Unless a Republican is in office, then it's the Republican economic wizardry that is creating growth.
