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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (614627)6/21/2011 5:16:53 PM
From: combjelly  Read Replies (1) of 1578204
 
"It certainly is supported by the graphic. Revenue SURGED after the Clinton tax cuts."

No. The economy was already in recovery with the tax increases. Whether or not the tax cuts affected that is very hard to tease out.

"According to your bogus theory, it should have been reduced or at best, stayed even."

Nonsense. Recoveries are rarely, if ever, a straight line. They are usually somewhat exponential in nature. By the time the tax cuts took effect, the recovery was already on an upwards trajectory.
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