We believe the Republican bills could boost GDP 3% to 4% long term by reducing the cost of capital.
Well, Brad, the public sector in California causes boom and bust, and they collect axes from the corporate sector. You call this good policy, that makes you one of the most unprofessional economists around. You deliberately took a job as chief liar at UC Berkeley.
But the corporate tax cut did need raise GDP to 3.5% for a couple of quarters, until Swamp debt triggered a rate rise and a recession. But you chart, Brad, clearly puts the blame on Keynes, you and Krugman.
Facts are facts, you can no longer lie about the keynseian cycles of boom an bust in California, no way to hide it any more, too much fabrication for even Berkeley. Then we have these bonehead economists saying the inefficient allocation of energy by government solves global warming, in spite of all the evidence of energy waste in California via our math challenged environmentalists.
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