Stop the presses

The American Prospect
by Matthew Yglesias

04/03/07

In case Rudy Giuliani’s penchant for cross-dressing had you doubting his conservative bona fides, doubt no more. ‘I regard myself as a supply-sider for sure,’ he told Larry Kudlow on March 27. And just in case you weren’t clear that by ’supply-sider’ Giuliani meant ‘know-nothing fool and liar,’ he clarified: ‘[I] watched Ronald Reagan do it and learned it, saw it work. Taxes get reduced, more revenue comes in.’ Taxes get reduced, more revenue comes in. That, to Giuliani, is what it means to be a supply-sider. And a supply-sider is what he proclaims himself to be. Taxes get reduced, more revenue comes in. It’s a nice idea. Nice, but not true. What’s more, it’s known to be untrue. Reagan did try it, but it didn’t work...

http://www.prospect.org/web/view-web.ww?id=12614


Informant: Thomas L. Knapp



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