Economy

Lawrence O’Donnell Eviscerated Gingrich on Tax Hikes

From yesterday's Meet the Press, O'Donnell just totally nailed Gingrich:

For the last time: tax cuts are one of the least efficient ways to stimulate economic growth and if the four tax cuts Gingrich mentioned were so effective, how is it that Bush's much larger $1 trillion tax cuts didn't stimulate growth and ended with huge deficits and a deep recession?