A little lesson in economics, which the Obama Administration would be wise to listen to. Despite all their Ivy League degrees, these liberals lack economic expertise, not to mention common sense. It's pure and simple. You may believe the liberal spin that tax increases will lower our deficit, but it doesn't work that way. When tax rates are lowered, that is when revenues increase.
Watch these informative videos from Freedom and Prosperity.
Thanks to Anonymous for the link.
Subscribe to:
Post Comments (Atom)
3 comments:
The Laffer Curve is a thoroughly debunked myth. There's not a serious economist around that gives Arthur Lafferany credence. Laffer's nonsense only is attractive to rightwingnuts who actually know very little about economics. Like Ronnie Reagan.
Yea, "the won" and his minions are economic geniuses?
It looks like it, spend, spend, spend and when you run out of money, print and tax.
Not to mention begging a communist nation like China to back the democrats massive spending spree.
Riiiiiiiiiight!
Submit sources for your leftwingloon hypothesis that democrats know more about economics then Republicans diogenass.
I thought you voted for Ronnie Reagan, LIAR!
Did we just start trading with China? Did we not incur debt before Obama?
No, Bushie and the Repubs kept us in the black, and kept us safe from terrorism.
Right after 9-11.
Post a Comment