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I am not an economist, so I have a question: is this true? And (since in any case the economy is growing) how much is the growth affected by the tax cut? Is it really an important factor?
Update. Thanks for the discussion. I still do not understand it.
Update. More comments from Instapundit.
Update. Thanks for the discussion. I still do not understand it.
Update. More comments from Instapundit.