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


To: RetiredNow who wrote (544440)1/16/2010 7:17:47 PM
From: i-node  Read Replies (1) | Respond to of 1579697
 
Revenue data is available at USGovernmentRevenue.com. Spending at USGovernmentSpending.com

As to Bush's first round of tax cuts, Laffer explains it (and remember, Laffer was a supporter of Clinton's tax policy once he started cutting taxes) as the early round of tax cuts not being properly targeted. This was, BTW, his position prior to the legislation being signed.

I would recommend Laffer's book on this subject; it is first-rate ("The End of Prosperity etc.")