Is it Possible to cut both taxes AND spending? (user search)
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  Is it Possible to cut both taxes AND spending? (search mode)
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Author Topic: Is it Possible to cut both taxes AND spending?  (Read 1963 times)
All Along The Watchtower
Progressive Realist
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Posts: 15,635
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« on: November 01, 2014, 05:37:43 PM »

Yeah, if you cut spending by more... the Reaganite dream of expansion eventually creating more real revenue than never really comes to pass because another recession always comes and screws it up. Reagan projected a surplus for 1988 but then 1987. CBO had similar for Bush tax cuts for 2010 but then 2008

http://en.wikipedia.org/wiki/Starve_the_beast
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