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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (353445)10/3/2007 2:48:56 PM
From: TimF  Read Replies (2) of 1577919
 
Your attacking someone else's argument, not mine.

My point is simple. Federal revenue does not equal economic activity, and increases in federal revenue to not equal economic growth. There is some correlation between the two, but its not strong enough to make one a proxy for the other, esp. when you also have tax rates changing. So your argument that lower revenue (or a long time to get equal revenue) showing poor economic performance is faulty. The "tax cuts pay for themselves" idea, isn't relevant in this context.
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