Some Republican Math
Watching the Republican debate, and what Paul Krugman calls their "Time Loop" approach to everything being about taxes and many of their personal pronouncements to be to fight "wealth redistribution", you can't help but remember when Bill Clinton raised taxes just a little bit on high incomes and....we had the best economy in the last half-century. And the stock market went up 300%, so let the saying go forth "A tea party Republican is someone who thinks with his taxes go down by 2% and his stock portfolio goes down by more than 35% he came out ahead."
Our reference point is the stock market under a Bill Clinton presidency vs that of George W. Bush.
Watching the Republican debate, and what Paul Krugman calls their "Time Loop" approach to everything being about taxes and many of their personal pronouncements to be to fight "wealth redistribution", you can't help but remember when Bill Clinton raised taxes just a little bit on high incomes and....we had the best economy in the last half-century. And the stock market went up 300%, so let the saying go forth "A tea party Republican is someone who thinks with his taxes go down by 2% and his stock portfolio goes down by more than 35% he came out ahead."
Our reference point is the stock market under a Bill Clinton presidency vs that of George W. Bush.
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