re supply side economic policy was re david stockman in article ufk gqu wbke cx v andrew cmu edu ashish andrew cmu edu ashish arora writes excerpts from netnews sci econ apr re supply side economic po by not a boomer desire wrig the deficits declined from reaching a low of of gnp before the tax and spending hike of reversed the trend brett is this true some more details would be appreciated cheers actually not brett himself has actually posted the data previously what declined from to as i remember it was percent increase in deficit growth i e the rate of growth of the deficit nd derivative of total deficit with respect of to time decreased brett apparently has numbed himself into thinking that the deficit declined if you keep spending more than you earn the deficit keeps growing if you keep borrowing at a lesser rate than you borrowed previously the deficit increases you only decrease deficits when your income exceeds spending and you use the difference to pay off debts figgie s book paints the real data pictorially in gory detail each president essentially ran up twice as much total debt in half the time reagan congress was simply awful bush congress was unbelievable as a really rigorous aside to this thread during pledge night the other night on the public channel there was an economist who gave an hour or so presentation his data was predictive and based largely on population data i don t know his name but his arguments were brilliant he confirmed with data what many of us know with common sense the boom of the s has nothing to do with government policy particularly supply side policy since taxes do not cause economic activities people cause economic activity more can be explained by watching population waves roll through the years and create cycles he has made models and predictions for years well into the middle of next century it will be neat to see how accurate he is paul collacchi
