Quote:
Originally Posted by ironweed
I think that for Less "advocating payroll tax cuts because Republicans won't pass anything else" somehow means "totally loving the Laffer Curve and wanting to have like a thousand of its babies." That being said, I do not expect intellectual consistency or rigor from the Democratic party on economic theories. For that, I can read Krugman and get depressed.
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or, simply, arguing that payroll tax cuts will lead to growth in the economy and therefore higher tax revenues, i.e. supply-side economics and the Laffer Curve.
But Ty knew this. He just doesn't want to admit that Obama has become Reagan and Geithner is David Stockman.
