Thirty years later, there are more toll booths than ever, and the cost of using the turnpike has quadrupled. Democrat John F. Kennedy proved it by lowering taxes and increasing government revenues. But any economist that was not educated in the Moscow Institute of Economic Studies will tell you that tax reductions infuse capital into the economy. This capital is then spent on products purchased from business. The businesses recycle the capital when they expand.
Expansion requires more employees.
People who were on welfare now have jobs and pay taxes. The expanded businesses make more profits and pay more taxes than before. Thus, the Reagan miracle was no miracle at all. It was simply sound economics. Third, another Liberal Lie being pushed today states that the only way to reduce the deficit is to increase taxes.