tag:blogger.com,1999:blog-379856994574950364.post6236168498393370051..comments2023-08-25T08:45:09.672-04:00Comments on The Supply Side: Was George W. Bush a supply-sider?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-379856994574950364.post-15919622397734709992010-05-24T14:15:05.545-04:002010-05-24T14:15:05.545-04:00Sean,
Your site is great. It is now a site I visi...Sean,<br /><br />Your site is great. It is now a site I visit evey day because it extracts supply side articles for a quick read.<br /><br />You commentary is also spot on.<br /><br />Thanks!Dick Foxnoreply@blogger.comtag:blogger.com,1999:blog-379856994574950364.post-57332162090089224062010-05-24T01:09:58.743-04:002010-05-24T01:09:58.743-04:00Quote Bartlett: "the vast bulk of Bush's...Quote Bartlett: "the vast bulk of Bush's tax cuts in dollar terms involved rebates and tax credits that had no supply-side effects whatsoever."<br /><br />That's it in a nutshell Sean. It's simply a case of rejecting tax cuts that don't have a positive supplyside effect and taking credit for those tax cuts that appear to do it. In truth, no tax cuts will have a positive effect other than a marginal short term effect. The whole idea of reducing taxes for the very wealthy in order to increase revenue has been proven during Bush's reign of terror to not work. And in fact, never has there been any real substantial proof that tax cuts to the wealthy work to stimulate the economy or increase revenue to a degree that the cuts continue to pay for themselves. Bush tried in spades and failed and that should tell us that it is a hopeless exercise in futility, not to mention an exercise in selfishness and greed which has now proven to be very damaging to 95% of Americans, if not more.<br /><br />As I've said in a previous post, it's going to be a long time before people forget what Bush did to the economy. Trying to slip the blame to something else as opposed to SS tax cuts is not going to be an easy job. People have been burned too badly.Rob G.https://www.blogger.com/profile/10632030310119287291noreply@blogger.com