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Supply-side economics don't work [View All]

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Fixated Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-03 01:40 AM
Original message
Supply-side economics don't work
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Edited on Sat Sep-20-03 01:40 AM by Fixated
I'm tired of explaining to righties why their economic system doesn't work. I don't CARE if they don't want to help the poor. That's a philosophical difference. Fact is, higher corporate taxes work. Reagan's huge tax cut in '81 failed, that's why he had to raise taxes. When did the U.S. become the unquestionable superpower we see today? After WWII, which the New Deal pulled us through, and after which our more progressive system allowed us to boom and take hold of the world economy. It isn't a coincidence that under Republicans the economy seems to always bomb. Under Reagan, everything went wrong economically. Debts soared, recessions started up. The same is happening under Bush. But they don't get it. Hammer it the fuck home.
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