| | | A problem is that under Reagan, not only were taxes cut, but spending was dramatically increased. Which has been the Republican pattern ever since and the reason why the debt explodes under them. Borrow and spend. It is in y'alls blood.
See, a tax cut without a cut in spending, is just another form of deficit spending. When combined with an increase in deficit spending, then only a moron would expect anything differently. The metric you want is whether or not the increase in deficit spending resulted in enough economic activity to pay for the increase. So even if revenues increase, are they enough to cover the extra spending? The answer is 'no'. Never has been. No matter how you cook, toast, grill or barbeque the numbers, that is the result. You have never shown any different, but what you always do is try to move the goalposts. |
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