Saturday, July 09, 2011

Friday, July 08, 2011

Anyone see a sad trend?

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The GOP benefits from never having to change and the voters who don't seem to care. Let's be adults about the way we take care of each other.

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Wednesday, July 06, 2011

The final Nail in the Supply Side Coffin

The final nail in the supply side coffin: taxes are low, interest rates are low, corporations are sitting on $2 trillion in cash - but nothing "trickles down" to the American worker

Salon:

“The theory of supply-side economics tells us that if you cut taxes on rich people and corporations, the newly liberated moguls and businessmen will take their windfall and invest it, creating jobs and accelerating the rate of economic growth. The benefits of a light hand on the upper class, therefore, will “trickle down” to the working man and woman.

Ever since Ronald Reagan first attempted to make supply-side economics a reality and proceeded to inaugurate an era of persistent government deficits and growing income inequality, it has become harder and harder to make the trickle-down argument with a straight face. But we’ve never seen anything quite like the disaster that’s playing out right now…”

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But where were you, Mr. Brooks?

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But where were you, Mr. Brooks, when Ronald Reagan and George H.W. Bush openly and vigorously played the race card to win the White House? When the Right was rising to power on the backs of the poor, the weak and the powerless? When Newt Gingrich and GOPAC taught Republicans to call Democrats “traitors” and “liars” and “unAmerican” in every speech? Where were you when your Dear Leader lied us into a catastrophic war and then lied to us to keep us there? Where were you when Terri Schiavo’s mortal remains were being tossed around like a puppy’s chew toy for pure, partisan political advantage? Where were you when New Orleans drowned? When Reagan killed the Fairness Doctrine and gave birth to Rush Limbaugh?

“The members of this movement have no economic theory worthy of the name.”

But where were you, Mr. Brooks, when voodoo economics was hollowing out the middle class and destroying our industrial base? Where were you when radical banking regulation was setting us up for the kill? When Republicans were running up crippling deficits and then demanding that Democrats pick up the tab?

You see Mr. Brooks, as hard as you try to pretend otherwise, you are not an alarm bell in the night warning a sleeping nation of impending disaster.

You are just another symptom of that disaster.

Because, Mr. Brooks, the answer to the question “where were you?” is a simple one : you have been busy being fatally, loudly and very, very profitably wrong about your Party and your Movement your entire fucking life.

Posted via email from liberalsarecool.com