The government thinks there are 32 million illiterate people in America, about 10% of the population.
Apparently the folks with the highest level of illiteracy in this country must be the professional “economists” and “skeptics”, as The Wall Street Journal described them today, who uniformly think higher tax rates generate great economic growth and smaller annual deficits and lower tax rates cause deficits and poor economic growth.
This upside down distorted view of the economy passes as conventional wisdom.
But a simple review of the “facts” would immediately dispel the blank cloud of utter confusion hanging over the debate in this country on tax rates, economic growth and government spending. – READ MORE
