Quote:
Originally posted by sgtclub
I think there is a little of both going on here. This adminstration is notorious for what wall street calls "managing earnings." Jack Welch was the king of this. They essentially "give guidance" that they know they can meet or exceed. But it looks to me that the projected results are even better than they thought, and that is good news. It also lends support to the supply siders.
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It lends support to the supply siders how? After 6 years of supply side policies, the deficit is down to a quarter-trillion?
Each time we go into supply side territory, we go vastly into the red.
