Showing posts with label Supply Side Economics. Show all posts
Showing posts with label Supply Side Economics. Show all posts

Saturday, July 02, 2016

Our Mice Are Alive, Your's Are Dead

California is now the 6th largest economy in the world? All while being run by those tax and spend Democrats? GDP at 4 percent? Surplus at $11 billion? Compare this to Kansas and Louisiana.

I know it's hard to let go of something so personal as an economic ideology but the definition of insanity is doing the same thing over and over again and expecting a different result. Supply side economics doesn't work. It never did. Conversely, raising taxes on the wealthy and increasing government spending improves economies. It ALWAYS has.

Saturday, September 06, 2014

The Architects of Supply Side Economics Recant

I came across both of these videos recently and thought it would be nice of have one post of both of the chief architects of Reaganecomics not only admitting they were completely wrong but also accurately assessing conservatives today and how completely batshit they are.

Mr. Stockman, Mr have the floor...

Tuesday, November 20, 2012

I Guess That Settles That

Analysis: Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds

The paper is a good reminder to be humble about taxes as a tool for growing the economy. They remain, above all, a tool for collecting revenue and tweaking incentives for specific economic behavior. Congress has cut tax rates repeatedly over the last 60 years, while the country and the global economy have undergone considerable changes that probably had a greater effect on growth.

Yep, pretty much. And what did the GOP do when they saw this?

Nonpartisan Tax Report Withdrawn After G.O.P. Protest

Stomped their feet and stormed down the hallway...yelling at dad the whole way!!!