When I saw that the estimates were based on the assumption that the U.S. economy would have an average growth at a 5% rate over his term, that was it for me.
On Becoming Anti-Bernie
Robin Alperstein
3.2K1,099

“ So, let’s first ask whether an economic growth rate, as projected, of 5.3 percent per year is, as you claim, “grandiose.” There are not many ambitious experiments in economic policy with which to compare it, so let’s go back to the Reagan years. What was the actual average real growth rate in 1983, 1984, and 1985, following the enactment of the Reagan tax cuts in 1981? Just under 5.4 percent. That’s a point of history, like it or not.” — http://dollarsandsense.org/Galbraith-Response-to-CEA.pdf

One clap, two clap, three clap, forty?

By clapping more or less, you can signal to us which stories really stand out.