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