Why Cut Taxes? And When?

Let's hear it from someone familiar, at least historically.


Update: These are interesting days, when iconic figures run contrary to their parties' descendents. Huffington Post reports Democrats' gleefully using Ronald Reagan quotes about raising the debt ceiling, in the same way I used JFK above.

"I find myself these days quoting Ronald Reagan," said Sen. Barbara Boxer (D-Calif.) at a news conference Wednesday. "'The full consequences of a default,' he said, 'or even the serious prospect of a default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The nation can ill afford to allow such a result.'

"That's Ronald Reagan," Boxer emphasized, suggesting that Republicans recall that model. "All they have to do is look at their icon, Ronald Reagan, and understand you don't play with fire when it comes to the full faith and credit of the United States of America."

Some days, politics actually is fun.