Quote:
Originally Posted by spence
I
The economy took off well before Clinton cut the capital gains rate ...
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He cut capital gains taxes in 1997. Let's go to the numbers, shall we? GDP growth by year...
93 2.7
94 2.4
95 2.7
96 3.8
97 4.5 --> year of tax cut
98 4.5
99 4.7
00 4.1
No spike in GDP growth after the tax cut?
My intellect is only dizzying compared to some, to quote Buttercup...common sense only looks dizzying to those who turn their backs on common sense, every time common sense goes against their agenda.
http://useconomy.about.com/od/GDP-by...DP-History.htm
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