Talk:Jack Kemp
This is an old revision of this page, as edited by Keysersoze (talk | contribs) at 02:15, November 30, 2011. It may differ significantly from current revision.
30%?
The tax bill in question did not produce a tax cut of 30%. It was a 23% tax-cut. (The original 10-10-10 proposal was diluted to 10-8-5).Keysersoze 21:15, 29 November 2011 (EST)
17 year expansion?
There was no 17 year expansion. The economy was tipped into recession in 1982 by the economic actions of the new administration(Their 'push-pull' hypothesis); and as Dave Stockman explains in his autobiography, the recession would have been much worse if Kemp and the gold-bugs had had their way. Furthermore, there was another major recession during the George HW Bush administration, less than a decade after that of '82.Keysersoze 21:15, 29 November 2011 (EST)