Right-wingers are so driven by emotion and philosophy that they refuse to accept factual information.
Supply side economics has proven to be a failure. They continue to endorse it because St. Reagan said it works. Any idiot with a basic education in economics knows it is a sham. Businesses don't do better because they have more to sell. They do better because people buy their shit. This is a consumer driven economy. If you want to stimulate growth, you need to shift the tax burden away from the middle class and poor and allow them to spend money on these businesses. Just because it sounds like a good idea on the surface to give tax breaks to these "job creators", it doesn't mean it actually is. Look where we are because of Reagan economics. The US has the widest income gap in the world and the worst child poverty rate among developed countries. How the fuck could the US be best country in the world if our poverty is the worst among developed nations? It's pathetic.
Like it or not, Obama understands economics. His stimulus created 3 million private jobs. How? Giving the biggest tax cut to the middle class in decades and extending unemployment benefits for the millions who lost their jobs against their will allowing them to spend money they wouldn't of otherwise had.
They also choose to see the government as "evil" and corporations as "victims of evil". Doesn't it bother you people that the prosecution of corporate crime is extremely low? Do you not see that as evil? No. You're Fox News brainwashed zombies.
Supply side economics has proven to be a failure. They continue to endorse it because St. Reagan said it works. Any idiot with a basic education in economics knows it is a sham. Businesses don't do better because they have more to sell. They do better because people buy their shit. This is a consumer driven economy. If you want to stimulate growth, you need to shift the tax burden away from the middle class and poor and allow them to spend money on these businesses. Just because it sounds like a good idea on the surface to give tax breaks to these "job creators", it doesn't mean it actually is. Look where we are because of Reagan economics. The US has the widest income gap in the world and the worst child poverty rate among developed countries. How the fuck could the US be best country in the world if our poverty is the worst among developed nations? It's pathetic.
Like it or not, Obama understands economics. His stimulus created 3 million private jobs. How? Giving the biggest tax cut to the middle class in decades and extending unemployment benefits for the millions who lost their jobs against their will allowing them to spend money they wouldn't of otherwise had.
They also choose to see the government as "evil" and corporations as "victims of evil". Doesn't it bother you people that the prosecution of corporate crime is extremely low? Do you not see that as evil? No. You're Fox News brainwashed zombies.