New Fed Chief Denounces Supply-Side BS

[Zkribbler]

But you forget Reagan's three-part promise based on the Laffer Curve:

He would:
(1) Greatly increase military spending.
(2) Cut taxes, and
(3) Balance the budget

George H.W. Bush called such an empty promise "voodoo economics."

[Kidlicious]

Originally posted by Imran Siddiqui


Revenues actually increased during the 80s.

Wow! Revenues increased over a ten year period. That's amazing!