Become a digitalPlus subscriber. $13 for 13 weeks.   Gross
Domestic Product Tax policies continue to constrain US economy
Tax policies continue to constrain US economy  Some myths die
hard, thanks to a feckless and ineffective American media, such
as Cal Thomas' assertion (quoting Reagan) that the people aren't
under-taxed but we have deficits because the government spends
too much. A clear-eyed view of the facts/numbers shows that this
belief is 180 degrees wrong. Historically, the federal
government spends 22 percent of the gross domestic product —
Reagan, Bush one, Bush two, Clinton and Obama, all
administrations since WWII. So how did Clinton manage balanced
budgets and even surpluses? His tax policies (which did not
stifle growth or kill jobs, as evidenced by the best economy of
our lifetimes under Clinton) brought in revenues of 22...