Quote:
Originally posted by Spanky
Growing out of the Deficit is the foundation of the logic behind the Laffer curve. Is it not?
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It is. But one should be wary of relying on the logic of anything drawn on a cocktail napkin. Particularly when reality has, time and time again, demonstrated it to be wrong.
eta: Burger says it is not, but my recollection of the cocktail napkin is different.