Tuesday, 1 August 2017

Supply- Siders still push what doesn't work.

That is the title of Noah Smith's latest article on Bloomberg.

He is right of course. Saint Ronald of Reagan ( how come no-one remembers him increasing taxes but they remember Bush senior?) showed cutting taxes merely increased the deficit. George bush repeated this rubbish and now we have Sam Brownback in Kansas.
Mulvaney at OMB is still trying to sell this snake oil. See Simon Johnson.

More chaos on Chaos house what will happen to fiscal and monetary policy ( remember Trump gets to pick three people on the Fed. Be afraid  Be very afraid. Eek Miles Kimball on the ball.
Julia Azari on why Trump is a weak President. Another reason to be afraid.
Just for laughs read our very own loon Katesy.