In 1982, Reagan raised taxes and the right assured Americans this would be a disaster. The right was wrong, and the economy boomed.The answer is: rich assholes want M-O-O-O-O-R-E forevah!
In 1993, Clinton raised taxes and the right was even more certain this would be a disaster. The right was wrong again, and we instead saw the longest and strongest sustained recovery in recent memory.
In 2001, Bush slashed taxes and the right swore up and down this would work wonders. The right was wrong again, and the Bush policy failed spectacularly in every possible way.
In 2009, Obama spent heavily to turn the economy around and the right predicted a disaster. The right was wrong, and conditions improved almost immediately. The economy that had been in a tailspin, hemorrhaging jobs, began growing and creating jobs.
How do Republicans explain this? That’s not a rhetorical question. I seriously want to know how and why they believe their uninterrupted track record of failure should be overlooked.
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Saturday, June 25, 2011
"The Basics of Modern Republican Economic Thought Are, Quite Literally, ALWAYS WRONG"
Steve Benen isn't the only one who wants to know: