- "The problem for Republicans, as is so often the case, is that the real-world impact of their theories doesn’t measure up to their theories. There was no reduction in spending as a share of the gross domestic product despite a sharp fall in revenues as a share of G.D.P. during the Reagan years." http://economix.blogs.nytimes.com/2012/11/20/the-new-republican-tax-policy/ 19 comments politics
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