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 : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (43182)5/11/2010 10:11:50 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
then I will take a reduction from 22.1% of GDP to 18.2% of GDP ANY TIME over a piddling reduction of 21.7% of GNP to 21.3%!

I would as well but again it happened - "Under entirely different circumstances, with no plausible connection to the tax rates."

If the issue was comparing presidencies than you'd have a strong point, but the issue under discussion was not comparing presidencies but the effect of tax cuts, that cause revenue to be lower than it otherwise would have been, on government spending.

That effect is not large and clear enough to be solidly shown to exist at all (but not solidly shown, is not the same as "no evidence"), but it would appear to be at least a small occasional effect (meaning sometimes small, sometimes zero), and at least in certain circumstances it would probably be a large effect.

None of which implies that its a reliable way to reduce government spending (as a portion of GDP or by any other measure), and certainly its not necessary in order to reduce government spending.