Lukey
Senator
Your first link says this:
While raising taxes may increase revenue in the short run, over the longer term higher tax rates leads to lower economic growth. As stated, if more dollars are extracted through taxes, there is less available for consumers/corporations to utilize.
Except Corporations which didn't as I recall have their taxes raised. Have had record profits which they were not reinvesting in this country. And the tax increases were on people who by and large could already spend all they wanted whether or not there were of a few points in tax increase.
Also the article says: "The economy is not growing strongly enough to offset the drag caused by fiscal austerity."
Which if you recall all came about because the GOtParty held the debt ceiling hostage and force this austerity on the country.
The other two are guesses that could just as well go in the other direction next quarter.
I don't care about the opinions of the writers. They are as clueless as you progressives about how the economy works.
The facts in those articles are that the government has increased the share of the economy that it extracts in taxes and the result has been a stagnation of economic activity, just as I have always maintained it would.