And yet it's ordinary people that pay the price if rates rise, both directly in loans and indirectly in higher taxes, and liberal disbelief in eternally unbalanced budgets and never confronting social security helped get us there. If you simplify the tax code nightmare, or better yet phase out the IRS tapeworm whose sole purpose is to get us pay debt interest instead of actually funding programs, supply side is real. Once you get overtaxed, which is real, any incremental reduction in rates yields a disproportionately greater revenue to the collector, although since it's stolen value rather than created value, revenue would really not be the correct word.