This just in... The Bush tax cuts did not end up paying for themselves! The promise that they would, like the entire supply-side argument, is a fraud. It's the brazen Reagan era theory that never worked, nor was it planned to work, yet it stays alive and proceeds to die and live again and again - perhaps the strangest economic theory ever conceived.
Conservatives worship its power of persuasion - trotting it out every time everyone forgets about it - having discovered that wealthy parasites adore it, idiots believe it, poker players love it, and capitalist marketers know a diamond when they see it - even in a pile of muck.
Read the Article at HuffingtonPost
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