Leftists claim that the Repos ignore or suppress science on the issues of "Global Warming" and evoltion. I happen to agree somewhat on the evolution point.
But what about the "dismal science" of economics? Even Repos join Demos insisting that "anti-gouging" laws will help during a disaster. And what about Leftists believing that higher tax rates produce higher tax revenues, and lower tax rate produce lower tax revs?
2006-09-07
Subscribe to:
Post Comments (Atom)
2 comments:
What about right-wing hacks who believe that "supply-side" aka "trickle down" economics actually create a more equal society when all the data of the last 50 years refutes this theory?
Nadir: I already pointed that out as a case of leftists opposing economic data, which is exactly the opposite of what you say here. And by the way, "trickle down" is a term invented by leftists to deride the "Laffer Curve", which shows that in an over-taxed economy, reduction of tax rates yields an increase in tax revenues. This phenomenon also results in an expanded economy, which does more to get money into the hands of non-rich people than does "minimum wage laws" or govt programs
Post a Comment