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It came from a joke Will Rogers made about feeding a horse and the birds eating what comes out the other end.
What you describe is the opposite of what normally happens. When a business saves money because of less taxes, we the people see it right away. During good times the business will use that "extra money" to expand and increase product. During down times it's used to save jobs as the cost of retraining is high. Research and Development stays as that is usually the first department cut.
How about you quit listening to the economists that continue to get things wrong. Listen to the ones who get it right.
Now reality: the majority of the tax cuts go into the pockets of those who are already in possession of the vast majority of the wealth, and none of the things you describe consistently happen. That is definitely the case state side. Maybe companies expand overseas, but that does little good for the people for whom government policy is supposed to serve. Cheap chinese goods at Walmart don't = a higher standard of living.
Bigger question. Why are people so damn hung up on the fact that the Federal government can and should control their lives. Its pathetic and sad, you have significantly more control over your own success or failure than the government does.
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