Posted on 05/17/2009 8:25:51 AM PDT by El Gringo
Supply side Economics, why it works.
Think of the following economic dynamics:
Lower Taxes = more Jobs
Higher Taxes = more Government
Simple.----JWThinkwright
A revival of Edwin Fuelner’s 1997 piece ( Supply-Side Vindication) is overdue at this juncture. See it at Heritage Foundation:click here
Why does supply-side work? Private citizens better know how to spend their own money. Common sense.
But you know the MSM is just going to echo the meme that has been falsely propagated for months now — that the crux of the current economic problems are ALL due to DE-regulation and those greedy bastards on Wall St. who took advantage of Reagan-Bush supply side policies to screw the little guy (i.e. the union member, illegal immigrant, “people of color”, wimmen, and so and so forth, ad nauseum.
And we also know that Rush, Hannity, Dobbs, et al who try to put the record straight are ignored and denigrated by the same MSM that would prefer to revise history than report it.
The problem with Supply Side economics is that both political parties hate it. They’d rather send out vote buying checks every six months.
When you go into business you do so to make money. You make money by offering a good or service at the best price and quality you can possibly afford. Given good market conditions you make money and your customers get value for their money. When the Government steps in, all the above incentives are replaced by an incentive to please particular voting blocks. The costs go up and the consumer gets garbage.
Sarah supports Supply Side Economics. Go to draft Palin website. There’s a link in http://reject-nihilism-and-revive-liberty
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