Tag(s): ; ; ; ; ; , Add Tags
Add to My Group(s)

Must Read 1   Well Said 1   Valuable 1   View Ratings | Rate It

Permalink
View Article Stats      (12 comments)

The Republican Right's Long Affair With Voodoo Economics

Add this Page to Facebook!
Submit to Twitter
Submit to Reddit
Submit to Stumble Upon

Tell A Friend
Become a Fan
Get Embed HTML Code
By (about the author)

Become a Fan Become a Fan  (12 fans)   -- Page 2 of 2 page(s)

opednews.com

Defense spending reached such dizzying levels that Pentagon cost overruns resulted ultimately in a scandal. Meanwhile not one but two tax cuts were prodded out of Congress during Reagan's two terms.

The national debt was tripled to $3 trillion. Meanwhile apologists explained that the tax cuts had increased revenue, just as they had forecast. There was new revenue generated but that came from increases in the payroll tax.

The Republicans got a crack at more voodoo economics when Bush the Younger came to the White House after selection by the Supreme Court following the grand theft of Florida.

By the time that George W. Bush turned things over to Barack Obama the debt had skyrocketed to $10 trillion. During the 2008 election cycle Republicans had run for cover from Bush. If pressed to talk about him they would criticize Bush.

Many of us realized this tactic as no more than a temporary smoke screen.

What are we hearing from Republican Senate Minority Leader Mitch McConnell this week?

McConnell's message is clear and unambiguous. We need more of those Reagan and Bush style tax cuts.

Next Page  1  |  2

 

Began in the journalism field in hometown of Los Angeles. Started as Sports Editor and Movie Writer at Inglewood Daily News chain after working in sportswriting of high school events at the Los Angeles Examiner.

Received a bachelor's in (more...)
 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

Add this Page to Facebook!      Submit to Stumble Upon      Submit to Reddit      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Blink List     (More...)

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
12 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

It's incredible how by Bill Hare on Wednesday, Jul 28, 2010 at 11:57:41 AM
You wonder if the only time that by Bill Hare on Wednesday, Jul 28, 2010 at 12:03:50 PM
The wife and political party swapping Ronald Reagan by Stanimal on Wednesday, Jul 28, 2010 at 1:21:22 PM
You will notice, Stananimal, that I by Bill Hare on Wednesday, Jul 28, 2010 at 1:47:28 PM
Oh, and I will also comment by Bill Hare on Wednesday, Jul 28, 2010 at 1:55:37 PM
The right has conned by Bill Hare on Wednesday, Jul 28, 2010 at 2:18:31 PM
With only 2,000 characters to comment with, I was forced to by Stanimal on Wednesday, Jul 28, 2010 at 5:27:37 PM
I am currently by Bill Hare on Thursday, Jul 29, 2010 at 3:40:55 PM
If Reagan had not been elected a true "Peace Dividend" by Stanimal on Wednesday, Jul 28, 2010 at 5:43:45 PM
There is much more coming our way by Bill Hare on Thursday, Jul 29, 2010 at 3:48:11 PM
If the felons who worked in the Reagan administration by Stanimal on Wednesday, Jul 28, 2010 at 5:52:33 PM
Re felons and Reagan by Bill Hare on Thursday, Jul 29, 2010 at 3:53:10 PM