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Politics : The Trump Presidency

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To: i-node who wrote (148947)1/4/2020 4:59:12 PM
From: combjelly  Read Replies (1) of 353997
 
I realize your grasp of economics is, at best, marginal. But I am curious. How do you separate out the results of a tax cut from deficit spending when spending doesn't go down with the cut in taxes? Overall revenues are down, that is clear. But spending actually increased with the tax cut. Like it does with most any tax cut. Yet you want to assign all of the economic increases to the tax cuts. Now we know that deficit spending is an economic stimulus because the economy does better every time we do it, tax cut or no. But we have never had a tax cut with corresponding spending cuts. So we really don't know what the effects are. At all. Much less if they can actually pay for themselves. There is literally no data on this.
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