Archives for posts with tag: side

They try to get the most revenue from Americans who have the least money.

And they continue to take less revenue from Americans who have the most money.

It’s like robbers hitting a soup kitchen instead of a bank, then wondering why their moneybag isn’t full.

“Republicans” are all eedjits.

Mr. Blunt and Cranky

Falling gas prices have recently created a huge demand-side boost to our economy. Millions and millions of dollars worth of boost: serious money. The increase comes from families having a few hundred extra bucks a year to spend on things other than filling their tanks. That is the free market in action, folks: consumers consuming, and by so doing creating jobs where they spend that additional money.

Classic, common-sense, evidence-based economics. People making additional purchases with the money they are saving because of lower pump prices. Demand-side economic stimulus via the private sector. Somewhere in the Afterlife, Adam Smith is shouting “See? SEE, motherf***ers? Who’s the man? I toldjaso!”

And none, repeat NONE of those falling petrol prices had Thing One to do with tax breaks for millionaires. No, oil prices are falling because of supply and demand. Once again, class, all together: “supply AND demand”. But of course, “republicans” don’t care about anything but the supply side. Because that side has all the friggin’ millionaires and billionaires that can (and do) buy Teapubbie Senators and Congresscritters.

This blog has ofttimes posted about the complete and utter failure of supply-side “economics”, and the laughable Laffer Curve that it is based upon. (Click the links, Gentle Reader, lots of supporting data to be found if you folllow the breadcrumbs.)

Once again, all of the Post-Reaganista bulls*** has been exposed, in all of its fetid, malodorous splendor. The American economy used to grow, before these dark days, because sensible adults recognized that all sides and strata of the economy are interrelated, and that we needed to manage supply and demand, the rich and the poor, and everything in between. But because of the Voodoo Wing of the “Republican” Party (and by that we mean, “the entire f***ing GOP”) focusing ONLY on the supply side, we have naught but deficts, crumbling edifices, and corruption all around us.

The positive economic effects of falling prices for the consumer prove, once again, that the Teapublican party is, as usual, completely full of s***. Almost as full of it as the idiot voters who voted for them, or failed to vote against them. But hey, enjoy the cheap gasoline while it lasts; until the Teapubbies find yet another way to steal those extra dollars away from us, and hand it back to their supply-side patrons.

Mr. Blunt and Cranky

When Forbes, of all magazines, says “Obama kicks Reagan’s ass”, or words to that effect, you know that the Supply-Siders are totally f***ed. And that they suck dead elephant d***s. And are too f***ing stupid to realize how stupid they are.

But Big Business follows data, and data proves that Voodoo Economics is a giant, stinking heap of dinosaur bollocks:

Bob Deitrick: ”President Reagan has long been considered the best modern economic President. So we compared his performance dealing with the oil-induced recession of the 1980s with that of President Obama and his performance during this ‘Great Recession.’

“As this unemployment chart shows, President Obama’s job creation kept unemployment from peaking at as high a level as President Reagan, and promoted people into the workforce faster than President Reagan.

President Obama has achieved a 6.1% unemployment rate in his sixth year, fully one year faster than President Reagan did. At this point in his presidency, President Reagan was still struggling with 7.1% unemployment, and he did not reach into the mid-low 6% range for another full year. So, despite today’s number, the Obama administration has still done considerably better at job creating and reducing unemployment than did the Reagan administration.

Big businesses may not like Obama, but they (unlike brain-dead ideologues like Ted Cruz) can read a balance sheet. They know that good old-fashioned math-based accounting proves that supply-side economics is deader than a doorknob. So too do most normal Americans.

Why, then, does our nation persist in its apparent infatuation with such a bankrupt ideology? Simple: the Teabaggers who are dumb enough to buy the voodoo potion turn out and vote; and the precious few in the business world who are profiting by the Reagan-era policies spend lots of money buying elections for ideologues like Ted F***ing Cruz.

Sad to say, mere facts and common sense matter litlle when politics rears its ugly head. This writer hopes that you, Gentle Reader, will at least consider facts when you express opinions and cast ballots. The same facts that even the Repubs at Forbes are acknowledging.

Mr. Blunt and Cranky

This blog sneers ofttimes at “Republicans” and their stupid-f*** “supply-side” economics. (Here is one example of said mockery.) The gist is: tried and true data-based economic practices are the way to succeed, and Randian, Lafferesque Voodoo economic policies are the way to fail.

In Kansas, one of several states that have decided Ayn Rand was the false Goddess they shall worship, Voodoo economics have had the result most of those in the Reality-Based community have predicted:

In Kansas, the right wing has completely run the show in the state capitol since the 2012 elections, when Sam Brownback (who became governor two years earlier) led a purge of moderate Republicans who were acting as a brake on his agenda in the state Senate. Kansas is now a laboratory for what would happen if conservative Republicans gained full control of government. Empowered state Republicans slashed taxes for the rich, arguing that an economic boom would follow. It didn’t, as job growth in Kansas has underperformed the national average (as has Scott Walker’s Wisconsin, another state that moved hard right around the same time). But what did follow was a huge hole in the state’s budget (while liberal-dominated California is running a surplus and paying down debt).. (Emphasis via Cranky)

In state after state, the predicted results have occurred: Voodoo economics have created a sort of Zombie economy. What might seem just a mildly amusing turn of phrase is in fact a devastating blow to those of us not in the 1% (said 1% motherf***ers not being in the least incommoded by the Undead Economy). The economy is limping along, barely alive as far as most of us can tell, and that is not a sustainable path.

In Kansas, Wisconsin, Ohio, and indeed across the nation, we see the results of “Republican” policies: and rotten results they have proven to be. Using millions of people to test their voodoo theories was unethical at the outset, and has since sucked most of the life our of our economy.

Unlike the zombies one sees in movies, our Repub-afflicted economy can be healed and brought back to life. All that is needed is to lay off the voodoo, apply some healthy policies, and the rotting ambulatory corpse of our nation will be restored to health.

And the first step of that cure? Get out and vote. Vote against each and every “Republican” in every race, in every location. Banish the witch doctors and bring back the trained, educated professionals that had served us so well for centuries. Ditch the dream of Supply-Side, and awaken to reality.

That ‘dream’ turned out to be a nightmare the likes of which even Romero could never have envisioned, anyway.

Mr. Blunt and Crankly