Quote:
"...."The 1990s, however, were bad news for voodoo. Conservatives confidently predicted economic disaster after Bill Clintons 1993 tax hike. What happened instead was a boom that surpassed the Reagan expansion in every dimension: G.D.P., jobs, wages and family incomes...."
The above is absolute crap because of the lag times between implementing an economic policy and when it actually takes effect.
The eventual result of the Reagan tax cuts was the economic boom experienced during Clinton's years. The bust period were still in now is partially the result of Libtard policies under the Clinton administration led by the CRA.
Of course: We all know, including the Libtards here although the won't admit it, that the absolute disaster was set off by the implementation of the CRA of 1977 under Clinton which led to the housing meltdown and the recession we're still in.
Apparently some of you (probably socialogy majors) can't or won't comprehend basic economics.
Last edited by italiansxs; 10/06/14 10:45 AM.
