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:
Making Baby Jesus Cry
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08-23-2005, 09:52 AM
#
2583
Hank Chinaski
Proud Holder-Post 200,000
Join Date: Sep 2003
Location: Corner Office
Posts: 86,150
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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Hank Chinaski
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