Cato JR Wrote:
Sep 19, 2012 5:26 PM
By the way, both tax rate increases mentioned in ADR. Sowell's column caused a recession in the same year they were adopted. The 1990 increase also had huge regulatory attacks added to it, which finally killed the golden goose which was the Reagan boom. 105 months straight of growth under Reagan's economy. 2 very deep recessions under Clinton. 90 months of growth under Bush-43. 3 months until late April 2009 under the Uncle Twit.