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Tuesday, May 16, 2006


Faith Based Economics

"You cut taxes and the tax revenues increase." George Bush recently said this in New Mexico. No, seriously. He said that. I think he really believes it.

While most people think that deficit spending increases the deficit, republicans have faith is all kinds of crazy theories and notions.

- Nation building in Iraq will be easy and cheap.

- The earth is only 10,000 years old.

- There is no such thing as global warming.

- etc, etc.

It makes it hard to have a reasonable conversation with them, because how do you argue with blind faith? How can something as trivial as "proof" stand up to something like "faith".

Well for anyone who still has faith in the voodoo economics of deficit spending, say a "Hail Mary", rub your rabbit's foot, and read this from Tommywonk

Truthiness in action.

This Kos article has a nice timeline of the Reagan tax increases that increased revenue.

More truthiness: The other day Karl Rove trumpeted some stats about "real disposable income" being up 14%. No s**t Sherlock - that's from ten thousand millionaires and a coupla billionaires bringing up the curve. The middle class has negative income growth and is in debt.
Thanks for the link, Jason.

I know it's pretty dull stuff, but someone has to pay attention.
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