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Politics : PRESIDENT GEORGE W. BUSH
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To: Peter O'Brien who wrote (508956)12/13/2003 6:06:32 PM
From: Steve Dietrich  Read Replies (3) of 769670
 
Slightly off topic, but i'd make the point that no one raised taxes more than Roosevelt and no one presided over a larger jump in federal revenue than Roosevelt and no one presided over stronger economic growth than Roosevelt.

Between 1940 and 1945 our economy doubled in size with the highest taxes (both in rates and as a percent of GDP) in our history.

Which just goes to show, i'd argue, how bogus the supply side argument is.

Steve Dietrich
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