The End of Socialism?

[Warren Dew]

(09-26-2017, 12:30 PM)David Horn Wrote:

(09-26-2017, 11:40 AM)Warren Dew Wrote: Thank you for posting a graph that proves exactly what I said and in fact highlights the lack of any real recovery after the 2008 recession.

I blame Obama for not pushing this immediately and much harder.  After the whining and handwringing was over, the stimulus needed to restore the economy was turned into tax cuts ... as I noted.  Tax cuts never create growth, they just sound good in TV ads.

I also notice that you deleted the data point I cited for the big spike in '83: a huge tax increase.  At least Reagan understood that bad results need to be corrected.

If you would actually look at your own graph, you'd see that the spike in growth was already starting in 1982 before the supposed tax increase took effect.  Of course, you're also ignoring the fact that the supposed increase didn't actually increase any income tax rates in any bracket.