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"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Thu Apr 9th, 2009 at 10:02:40 AM EST


"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Thu Apr 9th, 2009 at 10:07:31 AM EST
[ Parent ]
The most significant feature in the graph is the drop in tax rates for the top earners during the Carter years.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Apr 9th, 2009 at 01:37:46 PM EST
[ Parent ]
That was a capital gains cut which was rammed through the Senate. Carter didn't have veto power on it, so he was forced to let it pass.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Apr 9th, 2009 at 02:12:22 PM EST
[ Parent ]
And the "Clinton 1 bump"...

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Fri Apr 10th, 2009 at 04:30:12 AM EST
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