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Supply side voodoo economics exposed...

KilgoreTrout

First Round Draft Pick
Gold Member
Jun 30, 2001
33,394
20,913
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First the macro-analysis--with plenty o data

https://www.washingtonpost.com/post.../a-graphical-assault-on-supply-side-tax-cuts/

And then in a state-sized lab experiment being conducted, to the great pain and consternation of the people, in Kansas. What do you know, the folks who got the tax cuts pocketed them.
http://www.usnews.com/news/business...wmakers-lose-patience-with-governors-tax-cuts

I used to be a moderate, centrist Republican voter until around 1990, when it dawned on me that supply side economics was pretty much a cynical hoax perpetrated by the rich for the rich--genius for them to convince the peons that the rich getting richer is good for the poor--and that the national R party had become little more than a coalition of rich people manipulating economic policy for their benefit, and a bunch of rural, white evangelical/moralists who are along for the ride, frequently to their own economic disadvantage.
 
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