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To: Theoria

“Reaganomics was more government spending and tax cuts; thus massive deficits”

Regan cut taxes, and Total Federal Revenues doubled. The tax cuts more than paid for themselves, as they always do. Tax cuts work.

Problem was he got screwed by dems, who reneged on the budget. Like they always do. They saw the new revenue pouring in, so spent it and even more.

Like they always do.


11 posted on 02/11/2024 5:08:00 PM PST by Basket_of_Deplorables (Vivek for VP!!!!)
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To: Basket_of_Deplorables

Revenue doens’t matter unless there is cuts. Ya can’t outgrow .gov spending, no matter how much you cut taxes. That has always been the dynamic, various spending bros will not cut government spending and still brag about revenue.


12 posted on 02/11/2024 5:52:16 PM PST by Theoria
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