Correct.
There has always seemed to be a high percentage of people here with very little formal education in economics.
Nice to see you here. We need more people like you. There are a lot of passionate anti-RATs types here and that is good! But the formal education on economic matters is greatly lacking. On threads that involve economic issues, I hope to see you on them more as this forum needs more people with a background in economics. Also, I take it you are a lawyer (or have a legal interest or background) and that is great also, as you can help with input on legal matters.
Thanks again.
Lemme try my hand at this:
Tax cuts spur business growth.
Businesses hire more people.
People, newly employed or already employed, have more money to spend...and do spend.
Increased demand for products increases production.
More people employed paying taxes increases tax reciepts.
Increased tax reciepts brings down deficit.
I probably have some of that out of order, but I hope that's the gist of it.
Again, I'm not pro. I make eyeglasses for a living. ;)
Could you BE any more condescending?