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The Republican Right's Long Affair With Voodoo Economics

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Bill Hare
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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.

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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...)
 
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