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Old 08-23-2005, 09:52 AM   #2583
Hank Chinaski
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Deficit

Quote:
Originally posted by Not Bob
Oh, and here's my favorite:
  • Clinton's Economic Program: Myths and Realities
    by Richard W. Rahn
    Heritage Lecture #440


    February 24, 1993

    Washington's flight from reasoned and truthful discourse has never been more apparent. The advocates of the Clinton economic program have resorted to creating fantasy numbers to defend the indefensible. We are told that both a tax increase and a spending decrease -- which according to their own numbers is really a spending increase -- will reduce the deficit, reduce interest rates, create more new jobs, and increase economic growth. What economic theory provides such results? Certainly not the classical, Austrian, Keynesian, or supply-side. It's Alice in Big-governmentland!

http://www.heritage.org/Research/Budget/HL440.cfm

And yet it worked. Amazing!
You do realize he didn't get this program through, don't you?
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