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To: LS

My language was very precise, you just didn’t bother to actually read it. Supply side in practice, Reaganomics, involved a lot of spending, spending that needed to recede in the Bush 1 admin and hasn’t. That’s what I said THE FIRST TIME and you didn’t bother to pay attention. Spend more time reading and less time assuming, because all the imprecision came out of your head, not my keyboard.


144 posted on 12/05/2012 11:16:34 AM PST by discostu (Not a part of anyone's well oiled machine.)
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To: discostu
No, it simply does NOT involve "a lot of spending." If you have ever read Art Laffer or the "Supply Side Revolution," you'd realize that supply side has nothing to do with government spending. Reagan wanted to cap government spending, but had a Cold War to fight. But his diaries make clear he opposed that spending. Not one supply-sider I know makes an argument for increased spending, so, your theories are coming out of YOUR keyboard, not out of my head.

Give me ONE major supply side theorist who argues that supply side involves SPENDING.

145 posted on 12/05/2012 2:12:51 PM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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