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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (530242)	11/18/2009 12:19:18 PM
From: i-node	Read Replies (1) of 1576004

When you look at all the data, there are several cases where it fails. No, you're wrong. There are cases where the amounts of money involved are too small to have any consequence. That is true (you often cite the Reagan tax increase of TEFRA, which was minuscule by comparison with the cuts he enacted). But if one surveys the times when tax cuts were sufficient, the Laffer Curve has pretty much held up. Like all things economics, nothing is every time. But the strength of the correlation is overwhelming. There is plenty of disagreement amongst people with PhDs in economics. You and I aren't going to solve it here.

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