Bell Curve The Law Talking Guy Raised by Republicans U.S. West
Well, he's kind of had it in for me ever since I accidentally ran over his dog. Actually, replace "accidentally" with "repeatedly," and replace "dog" with "son."

Monday, March 26, 2007

A dish best served cold

So, today, Reagan's much-lauded budget advisor, David Stockman, was indicted for securities fraud. Many of us are old enough to remember "Reaganomics" with its magical promise that cutting taxes will increase revenue (economic growth increases revenue if tax rates stay the same, it increases revenue less if tax rates go down, and the connection between lowering tax rates and economic growth is always overstated). Stockman's downfall part of the "sleaze factor" we see at work across the current administration. How sweet it is that the purveyor of the Laffer curve is finally indicted for fraud.

1 comment:

Raised By Republicans said...

I'm surprised it's taken so long.