So why did the economy grow so fast in the 1990s? No question about that -- it grew because of the Reagan tax cuts of 1981. Now, granted, those tax cuts couldn't prevent a recession in 1990-1991, which was caused by Clinton's tax increases in 1993, but the effects of the Reagan tax cuts kicked back in again around 1994 and resulted in several years of excellent growth
Friday, June 24, 2011
Silly Liberals and their so-called "Facts"
I don't have any commentary on this awesome piece by Jonathan Bernstein. I just wanted to pass it along because its funny and shows how ridiculous Republicans are when it comes to taxes. Here is a taste: