Monday, March 09, 2009

MORE BS FROM HERITAGE

In a feeble attempt to justify tax cuts, the blog at the Heritage Foundation writes:

In fact, as I pointed out in detail in a paper last year, the Clinton tax hikes (which Obama would reinstate and build on) reduced the economy to anemia through the first Clinton term.


The growth of the economy was pretty much constant throughout the Clinton years and here's a chart of the GDP in constant chained 2000 dollars from the BEA:

No comments: