Yglesias understands that merely repeating the claim that "Reagan cut taxes and revenues rose" doesn't make it true*. It will never make it true. The facts are permanently otherwise. But dutiful repetition will spread a pretty supply-side myth, especially when the media prints this myth without correction, context or criticism.
We're treating "and" as we would "therefore", which is how Rudy means it. I don't want to hear any analytical objections based on formal or symbolic logic grounds. (Not that I've heard many of those of late...).
Labels: Voodoo economics