rgillis70
Premium
join:2002-12-30
Herndon, VA
| I agree inflation played a role. As did the artificial growth caused by the "dot-com" during Clinton's growth.
But I was just looking at numbers...as the statement was - lower taxes do not lead to higher revenue - they do...however, there are always outside influences that can play havoc on a system, like a war, inflation, unexpected market crash, artificially high energy pricing, speculation...etc.
If - and this is the IF that is so huge it will never happen - if the government could hold spending to the inflationary rate for just a year or 2 while revenue increased, we would see surplus. But that I doubt will happen as everyone has a special "project" they'd like to get done.  |
