[LS]

Yeah, but it depends as always on what, exactly, they said would occur in their "dynamic" analysis. They said Reagan's tax cuts would lost money. WRONG. They produced between 40-60% more revenue than before because the assumptions of the "dynamic" scoring were wrong.

In fact, they almost are wrong all the time. No one, not even Andrew Mellon, would have predicted his tax cuts in 1921 would have led to 1.6% unemployment in 1926. Utterly unheard of in the modern industrial world.

[stephenjohnbanker]

“Yeah, but it depends as always on what, exactly, they said would occur in their “dynamic” analysis. They said Reagan’s tax cuts would lost money. WRONG. They produced between 40-60% more revenue than before because the assumptions of the “dynamic” scoring were wrong. “

Exactly.