the "tax cuts stimulate the economy" mantra has very little basis in reality.

the usual laffer apologists offer a few examples, kennedy's tax cuts among them. it is wuse to remember that rax cuts never occur in a vacuum, that the kennedy era included a great deal of stimulative spending on nuclear weapons, the space program, and interstate hughways.

the reagan "cuts" (they were accompanied by a doubling in payroll taxes, still the most regressive of all taxes) were likewise passed in an era of incredible military spending that could not help but stimulate the economy.

to consider the 2001 cuts anything other than a fiscal disaster would be hard to explain, as they began the experiment that led to the total collapse of global capitalism in 2008.

an unrepentant keynesian, rampartc

Reagan’s principal economic legacy is massive wealth inequality, which led to GOP billionaires buying our politics, which led to Trump.

https://blog.oup.com/2018/06/economic-inequality-politics-capital/


(Not to mention, Reagan colluded with the Iranians to win.)

GHWB commissioned Team B with warhawk hacks like the dipshit Wolfowitz who undermined Carter's presidency by leaking classified reports that the USSR had a first strike strategy, a strong GDP, and were secretly stockpiling nuclear weapons. All of those things turned out to be pure bullshit, but the damage to Carter was done and he lost his reelection because of it. It's safe to say GHWB gave us Reagan, so people talking about his greatness are a bit misinformed. Both deserve copious amounts of urine on their graves.

Both idiots are what the creme-de-la-dum wing of the GOP think an intellectual sounds like.

The problem is not so much these cretins trying to pass off Saint Ronnie as an economic genius, the problem is that myth is pretty much universal among all of the GOP despite overwhelming evidence to the contrary. That's why the vast majority of economists are Democrats.

You are of course correct but this is like old men comparing Lombardi's Packers to any team this century.

Their long term goal articulated by Grover Norquist is to Starve The Beast and shrink government to a size that can be "drowned in a bathtub."

Their wet dream is to dismantle FDR's New Deal and LBJ's Great Society, but their problem has always been that Social Security and Medicare have too much popular support.

Since they can't win by direct assault, their strategy is to starve the government of funds and convince the public hard choices have to be made because these programs are no longer affordable.

The only way to do that is with
Huge.
Budget.
Deficits.

Republicans claim to be fiscal conservatives but that is a BIG LIE and has been since Reagan.

It's tempting to think the R's are stupid when their fiscal policies repeatedly cause higher deficits and they stick to the failed trickle down theory no matter what.

Try considering that their policies are actually having the desired effect. They're starving our government of funds and imperiling the earned benefits we already paid for, while rewarding the rich motherfuckers who financed their political careers.

This needs to be the common wisdom about the Party of Reagan and Trump. OAC and other spirited young members of Congress are the ones who will drive that message until it sinks in.