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Originally Posted by Cletus Miller
Well, that's at least in part because the '01 cuts were about keeping a campaign promise, not about being a tax-cut stimulus. If we get past the politics of it, then maybe we can fairly assess the outcomes.
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I'm not sure what you mean. They were certainly sold as a stimulus (which differed from the give the surplus back justification of the campaign).
But I'm not sure why you think that matters. Surely you aren't arguing that the politics drives the stimulus?
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Of course, it's also not the point to compare the realized growth to any historic average, but rather to the **unknowable** growth rate that would have happened but for the tax-cut/spending stimulus.
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Of course, but given that the right comparison is unknowable, we have to make due with what we have.
