SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Sidney Reilly who wrote (436116)7/31/2003 9:55:32 AM
From: Neocon  Respond to of 769667
 
First, after the tax cuts, growth was very strong under Reagan, there was no lag. Second, the recession during the Bush Administration was short and shallow, so that we had return to modest growth by the time that Clinton became president. Third, the growth rate for Clinton's first term was about what the average had been during the Bush Administration, including the recession. Fourth, the economy rose to the level of Reagan's growth rates after the Congress became Republican, and after the defeat of Clintoncare. Fifth, tax cuts are not necessarily inflationary, and during the Reagan Era, inflation declined.

Cyberken is wrong to express to strong a connection between Reagan and the Clinton boom. No one can be sure of all the factors involved. But there is something to the idea that a low tax, low regulation environment, which persisted during the '90s, helped the economy along.........