Election Aftermath Thread

LSSpam said

That's fascinating.

You know what's really fascinating? What's REALLY interesting?

That study is from 1991 discussing the first Bush's tax increase. It was followed by more tax increases......and then the longest period of sustained economic growth ever experienced. Ever

Click to expand...

Throughout all of economic history, this theory holds true. The boom in the 90s were paper profits from the dot-com boom. And that "longest period of sustained economic growth ever experienced" busted just as fast.

Look at the effect of Bush II's tax cuts - record tax revenues generated.