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> Cutting taxes while also increasing spending is not fiscally responsible Reagan didn't cut taxes. He cut tax rates but revenues actually increased. You can
by anamax 17y ago
> Cutting taxes while also increasing spending is not fiscally responsible
Reagan didn't cut taxes. He cut tax rates but revenues actually increased. You can argue that revenues would have been even higher without the tax rate cuts, but then you get to argue that people don't respond to tax rates.
> FDR didn't get us out of the Great Depression. That's right. WWII did, deficit spending did.
Actually no. FDR waged a war on production until WWII made that impossible. You can't have an arsenal of democracy that doesn't produce things.
> Green technology (nuclear, solar, whatever, let them dish it out with some subsidies to offset initial costs) has to be the answer nowadays.
Spain is finding that each green job costs more than one not-green job, and the green jobs are temporary while the not-green job losses seem to be more persistent.