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re: Want Proof Tax Cuts Don't Stimulate the Economy? Look at Kansas
Posted on 10/28/14 at 9:21 am to SlowFlowPro
Posted on 10/28/14 at 9:21 am to SlowFlowPro
quote:
it's over. keynes won
Actually even Keynes would disagree with this drooler of an OP.
Per basic Keynesian IS-LM, tax cuts stimulate growth. If you don't agree with his claim there, then you don't believe that government spending can stimulate growth either. That's because government spending can only act thru the demand-side mechanism, while tax cuts can work through both the demand-side AND the supply-side.
1
Posted on 10/28/14 at 9:36 am to 90proofprofessional
apparently we're debunking that somehow people who earn money should have any say in spending it, as if it's theirs or something!
I know I know...
"You Didn't EARN That!"
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