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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (530169)11/19/2009 10:42:33 PM
From: TimF  Read Replies (1) of 1574339
 
The writer of that piece is asserting A, arguing for B, and then pretending he proved A.

"the tax cuts enacted during the past six years have not paid for themselves" != "tax cuts don't boost revenues".

It does mean a couple of tax cuts did not boost revenues.

I'd go further and say many tax cuts do not boost revenues. But that still isn't "tax cuts do not boost revenues", which without any qualifier implies that no tax cuts boost revenue.

and it took the fiscal discipline of Bill Clinton to mop up the resulting red ink.

Compared to Bush's policies, Clinton's were a good example of fiscal discipline, but its really "it took the fiscal discipline of the newly elected Republican congress, combined with the tech bubble, combined with the "peace dividend" to mop up the resulting red ink."
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