The Supply-Side Story

How "Voodoo Economics" Cost Us $12 Trillion
The Supply-Side Story
In 1981, they said the national debt was "out of control." Not true. It was at its lowest in 50 years compared to national income. It was about 1/4 what it had been, and it was going down.

They said they would reduce the debt. Not true. For 20 out of 20 budget years they raised the debt -- by $12 trillion. That's almost all of the debt.

The same band of self-proclaimed "revolutionaries" is again demanding tax cuts for the rich, and they're blocking economic recovery. More of them will be coming to power in November.

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http://zfacts.com/p/1169.html | 01/18/12 07:20 GMT
Modified: Sun, 21 Nov 2010 02:00:12 GMT