Quote:
Originally posted by taxwonk
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.
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If I misunderstood, then yes. But the reason that there was all that income and gains was because the supply side policies of reagan and bush set the stage for strong economic growth under clinton.
