Quote:
Originally posted by Tyrone Slothrop
Economists almost univerally agree that lowering taxes has spurred growth some, but not nearly enough to make up for the revenue lost through the tax cuts.
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This is an incredibly stupid statement. If tax cuts lead to any growth, they will eventually pay for themselves. If you don't understand that you need to retake remedial math.
Quote:
Originally posted by Tyrone Slothrop
If "the Supply side argument" is contrary to this, it is bullshit. Economists know as much. The only people touting it are politicians and their ilk.
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Almost every Economist I have ever met or talked with agrees that if tax cuts provide any growth at all they will pay forthemselves. The only way for the anti supply side argument to work is if the tax cuts provide absolutely no growth.
If tax cuts lead to any growth, then the supply side theory works.
