Earlier quoted context omitted.
Oh, I thought your "tax cuts not paying for themselves" is a figure of speech. And that's a literal quote. What is it supposed to mean? Like if you steal less from the people, you get less if that's your only source?
As an old person who actually remembers when George Bush (the dad) coined the term “voodoo economics” during the 1980 primary against Reagan, I’ll explain the central thesis to what backers call “supply side” economics. It’s basically the same logic as selling merchandise at low cost. How does the government make money? Volume! Seriously. The argument is that cutting taxes will spur economic growth that will grow the…
> The argument is that cutting taxes will spur economic growth
So what do I care for some abstract growth? If my well-being isn't rising, and it isn't if you take away through taxes, excises, indirect taxes half of what I earn with hard toil, not interested.
> cover for their real goal of simply cutting social programs under the guise of “we can’t afford it”
And that's a good thing.