From Pine View Farm

The Republican Double-Down Double Talk 1

Steven Conn, a professor at Ohio State, reviews recent economic history and then discusses the fallacy of Republican Economic Theory. He points out that, despite the Republican Party line (that’s “line” as in “pick-up,” with all the sincerity thereof) the past ten years of Republican tax cuts for the rich have led to the slowest job growth since the presidency of Herbert Hoover.

He stops short of calling it the “Big Republican Lie.”

I don’t.

A snippet:

And in all these places, we hear the same refrain: Tax cuts create jobs! But clearly, in the last decade, they haven’t – unless you’re looking for work in China.

Remember that old definition of crazy? It’s doing the same thing over and over and expecting different results. Given the evidence at hand, the Republican position on taxes – that if we keep moving money from the middle class to the rich, we’ll all benefit – starts to sound pretty crazy to me.

Follow the link. The article is worth the three minutes it takes to read.

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1 comment

  1. Dick Destiny » Trickle down realizations

    July 6, 2011 at 10:46 am

    […] Anyway, hat tip again to Pine View Farm, where I saw the pointer. […]

     
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