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Technology Stocks : George Gilder - Forbes ASAP

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To: Analog Kid who wrote (5098)10/24/2000 8:30:29 AM
From: willcousa  Read Replies (1) of 5853
 
On not cutting spending you have to blame both parties.

I suppose we will never know the truth of it but my guess is that Reagan had to take the domestic spending increases to get his defense increases.

Art Laffer has a piece in today's WSJ editorial page on the history of revenue increases which have resulted from tax cuts. The first of these was the brilliant (at that time) JFK tax cuts.
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