OK...your analysis also works. Good way to look at it.
Where do tax cuts fall? The economic/supply-side end?
And does ANY possible '08 candidate actually posess 4 functional wings using that model?
I'd say Gingrich does, and maybe Hunter, but Hunter has a little tendency towards big-governmentism.
Dear RockinRight,
Tax cuts are definitely supply-side.
Remember that lots of libs will feign to be fiscal conservatives. They want to balance the budget (or so they tell us). But it isn't by cutting spending, it's by raising taxes.
And in a static model, that appears to work.
It's a tenet of supply-side economics that as you reduce marginal rates toward the optimum tax rate, revenues actually increase (which requires dynamic analysis to predict). In that Mr. Bush's reductions all resulted in large increases in tax revenue, I'd suggest that we haven't reduced to the optimal revenue-raising rate.
I haven't studied Mr. Hunter's record of 28 years in depth, so I don't know whether any tendency toward "big government conservatism" is a function of his own beliefs, or rather a function of loyally following his president for the last six years.
In that I think it's very tough for the president's party in Congress to oppose his initiatives, I'm willing to cut some slack to candidates who emerge from the House or Senate who've been swallowing Mr. Bush's big government solutions for the last six years.
sitetest