The Derp
Gold Member
- Apr 12, 2017
- 9,620
- 661
- 205
- Banned
- #1
When oh when will we finally break from the thinking that trickle-down economics is a viable economic proposal? It's been tried in many iterations since 1980, and every time it's failed to deliver on the promises made of it. Conservatives will say it's conventional wisdom that cutting taxes leads to an increase in revenues, but that conventional wisdom is bullshit on a fundamental, mathematical, and ethical level. As we saw throughout the early years of Reagan, throughout Bush the Dumber, and throughout the Brownback Cuts in Kansas, cutting tax revenues only increases deficits, which Conservatives then use as an excuse to cut the spending they lack the courage and support to repeal on their own. So they commit fiscal terrorism by blowing up the budget in order to push through their unpopular social agenda.
Wash, rinse, repeat. 37 years later, the GOP plan for taxes is the same as it was 37 years ago, which is the same as it was 16 years ago, which is the same as it was 5 years ago, which is the same as it is today; tax cuts for the rich, trickle-down "prosperity" and spending cuts for everyone else. No jobs. Massive debts. No growth. GOP/Conservative economics are a fallacy.
Wash, rinse, repeat. 37 years later, the GOP plan for taxes is the same as it was 37 years ago, which is the same as it was 16 years ago, which is the same as it was 5 years ago, which is the same as it is today; tax cuts for the rich, trickle-down "prosperity" and spending cuts for everyone else. No jobs. Massive debts. No growth. GOP/Conservative economics are a fallacy.