Tax Cuts make the GDP explode (upwards, without spending cuts), while the seemingly aggressive Tax Cuts and Jobs Act of 2017 would only lead to a boost in growth of 0.03%-0.09% per year according to the CRFB (the committee for a responsible federal budget, bipartisan)There has to be some way to balance the comical increase in GDP from tax cuts. Keysianism does work, but during normal economic functioning this should ideally not happen, especially if oversupply is a serious issue. This would prevent it from being a solely US specific thing, where low taxes over 40 years have led to said oversupply. And granted, it also depends as mentioned in the article, how your tax breaks are structured.
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