Republicans: we are now against spending cuts, they're unpopular and won't work

[Santander]

Therefore we need huge tax breaks for the wealthy, because that will generate so much growth that we have more revenue in the end and the wealth will somehow trickle down.

Honestly, the fact that Reagan was somehow able to sell this nonsense with a straight face and have half the country at the time believe him goes to show you how stupid people can be.

It helps when the buffoon saying it is himself dumb enough to believe it.

[Santander]

Therefore we need huge tax breaks for the wealthy, because that will generate so much growth that we have more revenue in the end and the wealth will somehow trickle down.

Honestly, the fact that Reagan was somehow able to sell this nonsense with a straight face and have half the country at the time believe him goes to show you how stupid people can be.

Tax Revenue went up from 517 billion in 1980 to 1.03 trillion in 1990. So Tax Revenues almost doubled in the 1980s, so no it was not the tax cuts that caused the deficits it was the increases in spending.

The fiscally responsible party probably shouldn't have blown up the budget then.