Quote:
Originally posted by KMA-628
what evidence?
Are you saying that the facts in this report are wrong? It is numbers, they speak for themselves.
I looked at the budget reviews for several months in a row, they all say the same thing.
Tax refunds to the taxpayers are up, tax revenue is up and the projected deficit is smaller than projected.
This is exactly what every supply-sider predicted (except, of course, the spending increase).
|
OK, evidently you didn't heed my advice.
What you would have found had you googled very basic research design notions is that you can not know if this situation is better than it would have been had we not had the tax cuts.
Your "evidence" isn't indicating anything other than the fact that revenue is higher than predicted. None of us reading this really know what the prediction entailed. It also doesn't mean squat--it certainly isn't evidence that "supply side economics works."
In order to make that statement, you would need to run supply side scenarios simultaneously with demand side scenarios.
Onetime, as an educated economist, most definately knows this.
He didn't dispute you because you support his viewpoint. But if you ask any other economist, or maybe even onetime in person, they will tell you that what you are citing as evidence of supply side tactics as proof of anything isn't worth beans.