It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.
Sidney BlumenthalThe attack on Clinton on terrorism is entirely politically inspired by the right-wing of the Republicans, and has no basis in fact whatsoever.
Sidney BlumenthalIn a sense, George W. Bush has used the tragedy of the terrorist attacks of September 11th and the nightmarish expansion of his idea of a war on terror to overshadow his actual conduct in office on the redistribution of wealth upward through progressive tax cuts that actually penalize the vast majority of the public, and shift their resources to a narrow band at the very, very top.
Sidney BlumenthalThe George W. Bush universe of threats is a constantly expanding universe as he moves to politically higher ground, escaping from failure after failure. He's not only radical, but the consequences of his radicalism have been catastrophic.
Sidney Blumenthal