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It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.


Sidney Blumenthal


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The Clinton Administration years
Sidney Blumenthal served as assistant and senior adviser to Bill Clinton from August 1997 until January 2001. With the assistance of other evidence and arguments the Senate acquitted Clinton of perjury and impeachment proceedings ended. This allegation contradicted Blumenthal's own sworn deposition in the trial and it resulted in a hostile exchange of opinion between the two.

Bush. Over a career of twenty years he became editor of several departments and wrote for several publications including The Washington Post Vanity Fair and The New Yorker.

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