Monday, December 20, 2010

Correlation Does Not Imply Causality

...apparently doesn't hold anymore in Paul Krugman's world:

How, after the experiences of the Clinton and Bush administrations — the first raised taxes and presided over spectacular job growth; the second cut taxes and presided over anemic growth even before the crisis — did we end up with bipartisan agreement on even more tax cuts?

1 comment:

Andrew Stevens said...

Reagan cut taxes and presided over spectacular job growth. Bush I raised taxes and presided over anemic growth. We could probably do this all day.

 
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