Bush tax cuts raised government revenues to a record 2.57 trillion dollars annually.
That’s all the tax cuts needed to prove. They more than did that. Economic growth is all that matters as a prospect for solving debt.
Okay.
But take a look at what Bush projected revenues to be and what they actually were. You’ll see that Bush’s revenue projections fell far short.
Sorry, one more point.
To grow faster than today’s debt is growing, the economy would have to grow by more than $1.5T a year. Given that our GDP is about $14.5T, that’s just north of 10% a year. Even the Chinese can’t get that much growth. The US hasn’t had that high a growth rate since 1943.