Quote:
Originally posted by sgtclub
I was under the impression that the numbers you cited were not just limited to the "deficits caused by tax cuts" but also took into account the spending side as well.
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You're right! I was looking for the spending cuts that would reflect the fiscal prudence of the supply siders, but I think I must have left it under the Iraqi WMD.
On a serious note, if the supply-side theory is correct -- that tax cuts "pay for themselves" because of the economic growth they create -- then there is no need for spending cuts to control the deficit. The supply-siders sure act as if that conclusion is true.
