January 28, 2006

Laffer Curve? Like Hell.

This chart from the Economic Policy Institute is pretty damning:

Growth, eh? But why?

The long and the short of it is, as MaxSpeak points out, “the triumph of Republican-conservatarian economic policy consists of an expansion of government jobs”. If tax cuts had done anything significant to create jobs, it would have been in the private sector–these are government sector jobs. Intriguing!

Tags: , — Jonathan Margolick @ 6:15 am |

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