This article well illuminates the dictum to beware analysts picking their own time horizons. Calculating impact from five-year growth rates is problematic for b

This article well illuminates the dictum to beware analysts picking their own time horizons. Calculating impact from five-year growth rates is problematic for business cycle, responsiveness, and exogenous factors. Cato's reply is here: http://www.cato-at-liberty.org/tax-rates-impact-economic-performance-but-other-policies-also-matter/ http://www.cato-at-liberty.org/tax-rates-impact-economic-per...