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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (530049)11/17/2009 7:06:23 PM
From: i-node  Read Replies (1) | Respond to of 1574261
 
>> The Clinton economy proves Laffer wrong.

What a stupid remark.

What happened after the Clinton/Gingrich tax cuts you nitwit?

Had Clinton cut taxes instead of raising them, it is difficult to envision what might have happened later in the decade.

Incidentally, Laffer himself supported Clinton's economic policy once he got over the early tax increases which actually SLOWED economic growth over what would have happened coming out of the recession.

Clinton's administration proves the concept of the Laffer Curve to be correct from the first day until his last.

Did I mention you're pretty stupid?