Saturday, April 4, 2009
The return of supply side economics
I find it ironic that most of the smarmiest and pedantic descriptions of supply side or voodoo economics comes from Democrats and those left of them, who today support stimulus spending from the government that adhere to those same fundamental principles of supply side/trickle down economics. It seems they only believe it will work if the government is the catalyst of the spending, not the consumer. Let's compound this idiocy with having those that don't know jack about macro economics, or, pretty much any economics, set policy and enact legislation that manages our economy. Isn't that how we got into this position in the first place?