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supply-side economics is wrong not as a matter of ideology or faith but as a matter of fact
What a groundbreaking idea: ask the economists/empiricists.
CNN would just have had a Republican on to say it works and a Democratic to say it doesn't, then Wolf Blitzer would have said "CNN RULES!" and cut to commercial.
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any article that contains this lie: "The cynical explanation for the persistence of the supply-side dogma is that it’s simply cover for cutting taxes for the rich." while claiming to be "factual" is worthless.
There are any number of arguments over the supply-side issue, and neither side is quantifiably provable. Supply-side theory is clearly plausible, but what any particular economy would have done absent a tax cut cant be proven, because there is no control.
What is an undeniable fact is that every tax cut since Kennedy's has resulted in the wealthy paying a larger portion of total income taxes, even after adjusting for inflationary creep into higher income classes. To call them "tax cuts for the rich" is a bald face lie and the article cannot be taken as any more than agenda driven rhetoric.
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Haven't had time to read the article yet but given that this quote is in there. then QFT ..... Copernicus your dead right on this ... be careful not to exceed your quota of one good post a month and 15000 horrid ones.