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Legal Commentary
: TalkLeftThe Zombie Lie: Raising Taxes Impedes Growth
By Big Tent Democrat
[S]upply-side economics should have been killed by the Clinton years: he raised taxes on the rich, everyone on the right predicted catastrophe, and what followed was 8 years of rapid growth and surging revenues, with the budget actually moving into surplus for the first time in three decades. But no: the right interpreted all the good stuff as a lagged effect of the 1981 tax cut[.]
The "most progressive Administration in a generation" and its Beltway supporters are now the leading purveyors of this Zombie Lie.
Full post as published by TalkLeft on December 17, 2010 (boomark / email).
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