Supply Side Policy Proposals

[Kablooie]

- if the federal budget is in deficit, cut taxes on the rich, in order to repair that deficit.

- if the federal budget is in surplus, cut taxes on the rich, because it’s their money, not the government’s, and there will henceforth be no rainy days.

- in times of peace, cut taxes on the rich, because government has lower priority in peacetime.

- in times of war, cut taxes on the rich, because… well, this one never made sense even by conservative logic. Indeed, this was the first time in US history that the clade of uber-wealth demanded ever-increasing state largesse even while the nation was under deadly threat.

This is from a great article called:
A Primer on Supply-Side vs Demand-Side Economics
By David Brin on the Institute for Ethics and Emerging Technologies website

http://ieet.org/index.php/IEET/more/brin20100220

Read and find your favorite quote to post like:

"Interestingly, the most famous proponent of the Supply Side approach was Karl Marx, who maintained that the owner-capitalist class propels industrial development by re-investing profits in plants and equipment, thus building up society’s capital stock and the means of production. SSE is, in that respect, an entirely Marxist theory."

[Sarah Ibarruri]

1. Excellent article. That's what supply side economics is. nt

[vi5]

2. Great article. As clear cut as I've seen....

So easy to read and to understand. And points out the OCD like pathology of the supply siders.

This exact thing should be said over and over and over again by Democratic leaders, including the president.

Unfortunately at this point most of them are fully entrenched supply siders themselves so it's a futile hope that they would do this.