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Great moments in being William Kristol circa October 2005

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 08:01 PM
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Great moments in being William Kristol circa October 2005
Edited on Sun Oct-28-07 08:03 PM by underpants
The economy is slowing AND the the last tax cut is successful not just from the same person but in the same article in fact in the very same sentence!


The administration will correctly insist that the budget reconciliation bill include an extension of the capital gains and dividend tax cuts. In the face of what will likely be a slowing economy in 2006, and in light of the success of these supply-side tax cuts (4 percent growth over the last two years, and a 15 percent increase in tax revenues last year, the largest ever annual increase in federal revenues), the administration needs to insist on these cuts, and move as quickly as possible to make the other tax cuts permanent.

http://www.weeklystandard.com/Content/Public/Articles/000/000/006/113zrnoz.asp

Credit goes to "The Big Con" by Johnathan Chait for citing this example of supply-side double speak.

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eleny Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 08:07 PM
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1. Bushies Heroes
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The Wizard Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 10:36 PM
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2. By that standard
If taxes are eliminated, the treasury will be overflowing with cash. I see Kristol as a snake oil salesman traveling with a carnival.
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