re: #49 Obdicut

You can’t definitely draw a line between the economic policies in place and the economy, especially when we know the economy has boom-bust cycles.

Andrew Samwick said a smart thing about tax cuts:

And the CBO has scored the effect of the Bush tax cuts, and they cost trillions— they reduced tax revenue. I think this is one of the reasons the GOP is attacking the CBO so hard these days.

You need to read your Mankiw. Half of a capital cut is self-financing.

(And Krugman’s response is as analytically void as it is partisan, in case you’re wondering)