From AlterNet:
It’s not just Obama, in Hanauer’s view. 'This is what progressives have done for generations, is that we ceded to the other side that the rich are job creators; we ceded to the other side that less regulation equals more growth; we ceded to the other side that if wages go up, then employment goals go down. And then we wonder and complain about the policies that flow naturally and logically from that set of baseline assumptions. That’s the problem,' he said—a failure to contest the basic framework of economic thought.
More here.
This is why I refuse to call myself a Democrat. This is why I think that, as a nation, we're going to hell in a hand basket. The Republicans won the battle for hearts and minds long ago. And the Democrats are just too stupid to know that they've helped every step of the way.
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Tuesday, March 24, 2015
Why No One Can End Reagan’s “Dead Wrong” Voodoo Economics
Posted by Ron at 4:41 PM
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