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Politics : Formerly About Advanced Micro Devices

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To: maceng2 who wrote (1497827)11/2/2024 1:29:53 PM
From: Jamie153  Read Replies (1) of 1584051
 
Faced with boomers retiring the gop spent generations ensuring the general fund would be bankrupted by their tax cuts. The debt fell after WW2 until Reagan cut taxes. Table 1.1 shows the yearly deficits (download PDF). That's what historians will look at.

As you can see, no matter how fast the growth, tax cuts decimated our finances. The last column is the deficit.

White House

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