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Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds
The entire false basis of modern Republican public financial policy, the famously invalid "Trickle Down" economic theory, the myth of "job creators need tax breaks to grow the economy", finally put to rest in a nice way.
Not that anybody but Republicans thought that baloney worked, as it's been obvious it has not (if tax cuts worked, W. Bush's economy would be an economic engine of unparalled drive, rather than a massive recession/almost depression. Reagan famously and repeatedly raised taxes to save the economy) Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds http://www.theatlantic.com/business/...-finds/262438/ A taste:
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |