Tag: beaker

Invincible Ignorance

McConnell Blasts Deficit Spending, Urges Extension of Tax Cuts.
This because, as well know, tax cuts pay for themselves:

Didn’t happen under Bush, didn’t happen under Reagan, didn’t happen under Kennedy. Those were all the result of various coincidences, though.

Next up, we have Mitch McConnell, uh, still:

The last year of the Bush administration, the deficit as a percentage of gross domestic product was 3.2 percent, well within the range of what most economists think is manageable. A year and a half later, it’s almost 10 percent.

Uh, no. In fact, most of our current deficit driver is Bush/Cheney policy:

But, by all means, let’s not get to work explaining any of this or (gasp) using it to call the GOP out as liars and/or fools. Repeatedly. No, we’ve got the facts on our side! It’s all we need.

There’s no evidence whatsoever that the Bush tax cuts actually diminished revenue, they increased revenue because of the vibrancy of these tax cuts in the economy. So I think what Senator Kyl was expressing was the view of virtually every Republican on that subject.

Mitch McConnell who has apparently never seen this.
If we had a functional press corps, somebody would be counting down to the reveal of just such a chart directly beside or behind him on live television. We’ve got the whole day to fill, Mitch-O; you’ll be delighted to hear that we don’t have to “leave it there.” Let’s dig into this so we can really get your views, in depth.