Well, that may be true, but the country's chief economist Alan Greenspan, who certainly qualifies as a learned opinon
, says the tax cuts provided a boost to the economy. But, as Dissention often says, tax cuts are just the primer of the pump, sound economic policy must follw to nurture the growth. Greenspan also says it is W's unsound economic policy of out of control spending on credit that has the economy on the ropes and is retarding the growth that should have come from the tax cuts. So, it is a little disingenuous to belittle the tax cuts as a non-event to the economy - if that is what was being done.
Sadly, because of W's outrageous spending on credit, tax rates will have to be heightened, which will, according to most economic theory, again retard economic growth.
Why o Why can we not have a flat tax of say 15% with no other taxes. That would put all of this to bed IMO. But NOOOOOOOOOOOOOO - special interest groups will never allow that
In any event, my point was not the effectiveness of the tax cuts. It was that people bitch and moan about how unfair they are to the poor, but I know of no one who refused their tax cut on this basis. They took the money - it does not matter on what they spent it. I think taking it without hesitation and then bitching about how unfair it is was hypocritical.