A claim like "these tax cuts will generate such a boost to economic growth that they'll end up paying for themselves in the long-run" makes sense. Maybe it doesn't pan out—and since it's never panned out, maybe people should stop expecting it to—but at least there's a logic to it.
"These tax cuts won't increase the deficit" is ridiculous.…
A claim like "these tax cuts will generate such a boost to economic growth that they'll end up paying for themselves in the long-run" makes sense. Maybe it doesn't pan out—and since it's never panned out, maybe people should stop expecting it to—but at least there's a logic to it.
"These tax cuts won't increase the deficit" is ridiculous. Unless they're paired dollar-for-dollar with spending cuts—and the Trump tax cuts sure weren't—then they increase the deficit by definition.
A claim like "these tax cuts will generate such a boost to economic growth that they'll end up paying for themselves in the long-run" makes sense. Maybe it doesn't pan out—and since it's never panned out, maybe people should stop expecting it to—but at least there's a logic to it.
"These tax cuts won't increase the deficit" is ridiculous. Unless they're paired dollar-for-dollar with spending cuts—and the Trump tax cuts sure weren't—then they increase the deficit by definition.