Friday, November 02, 2007

ANOTHER CONSERVATIVE HACK

Larry Kudlow, moron extraordinaire. This is his prediction about the effects of Pres. Fredo's tax cuts in 2001:
What's more, faster economic growth and more profitable productivity returns will generate higher tax revenues at the new lower tax-rate levels. Future budget surpluses will rise, not fall.

(h/t Jonathan Chait, The Big Con, p. 41)

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