Looks like i'm not the only one stupefied by his stupidity. Kudlow and his ilk are pathologically incapable of questioning their assumptions, assumptions they hold on faith, like religion.
Bush's tax cuts have directly contributed to our massive deficits. Republicans pay lip service to cutting spending but they never do it. It's just rhetoric to rationalize their looting of the treasury. They never cut spending. They only cut taxes.
That means deficits. That means a weaker dollar, higher oil, and a lot of what is dragging us down today.
The S&P is lower now than when supply-sider tax-cutter George Bush took office. The economy has underperformed in almost every measurable way during the Bush presidency.
How do people like Larry Kudlow explain this? They can't. All they can do is call for more tax cuts and inexplicably utter the word "Goldilocks."
It's laughably absurd. Unfortunately, it's also, to some extent, conventional wisdom...
Mr. Motes
skip to main |
skip to sidebar
Dedicated to mocking and exposing the balless idiocy of Stephen Colbert & his ilk.
No comments:
Post a Comment