Tuesday, August 15, 2006

Supply Side

Angy Bear has a nice post debunking the myth of Supply-Side economics, which Lawrence Kudlow keeps peddling to unsuspecting minds over at the National Review. You're better off reading the post by PGL, but here's a nice bite to take home:
Never mind the fact that economic growth averaged only 3% during the
Reagan-Bush41 period and only 2.6% under Bush43. Yes, it was that 3.7% growth
during the Clinton years that kept the overall average near 3.5%.


That's Delicious.

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