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To: LS

I did not say tax cuts equal deficit spending. I pointed out that we’re spending like maniacs, and have been for a long time, and that spending has often been wrapped in the excuse of “supply side”. While pure theoretical supply side is about tax cuts, in practice since Reagan got elected it’s included massive spending. Which I pointed out needed to end under Bush 1.


142 posted on 12/05/2012 8:23:54 AM PST by discostu (Not a part of anyone's well oiled machine.)
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To: discostu
Ok, if you are not equating tax cuts with spending, you need to clearly differentiate "spending" from "supply side." There is NO spending in "supply side" economics. Supply-side ONLY refers to stimulating the economy through lowering marginal tax rates, and has nothing whatsoever to do with spending.

Your language is extremely imprecise.

143 posted on 12/05/2012 9:56:54 AM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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