Tuesday, June 14, 2005

Moore-tal Kombat

After Kevin Drum beats down on his first WSJ editorial defending supply-side economics, Stephen Moore is down to zero health. Finish Him!

Adjusting for inflation and population growth, the supposedly horrible 70s produced an increase in tax revenue per person of 25%. The Clinton 90s produced growth of 40%. In fact, Reagan produced the slowest growth in tax revenue [18%] of any decade since World War II.

FATALITY
at

3 comments:

  1. RobinTuesday, June 14, 2005 4:52:00 PM

    Flawless.

    ReplyDelete
  2. BlueTuesday, June 14, 2005 8:20:00 PM

    It's really funny if you're used to accounting notation and you think it means negative 18%

    ReplyDelete
  3. Neil SinhababuTuesday, June 14, 2005 8:39:00 PM

    Funny indeed, Tony! That would be a real spine-ripper. (Though in my experience accountants use parentheses and not square brackets.)

    ReplyDelete

Note: Only a member of this blog may post a comment.