Quote:
Originally Posted by spence
Maybe it made the bubble worse because many saw the opportunity for greater profit? Who the hell knows, but what's certain is that the tax cuts didn't cause the growth, new technologies born from government funded programs did.
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Tax cuts can give business more capital to invest in or use new technologies regardless of where those technologies were born. And government funding is not government creating. God help us if we are going to depend on government tax collection and control to develop technology, business, culture, and the well-being of society. You seem to be all in for socialism. That's OK, but don't pose as some supporter of a free market system.
Here are two articles that analyze things a bit differently than you:
http://www.heritage.org/taxes/report...conomic-growth
https://www.thoughtco.com/effect-of-...growth-1146370
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