I was around during the Carter Administration. If fact, it was Carter who helped push me into the Republican/Conservative camp. In all this time, I never thought I’d see anyone as inept and clueless as Carter.
I was wrong. Very, very wrong.
Ah, yes. The good old days when the supply siders had a seat at the table. Now, we barely get crumbs. Pappa Bush called it ‘Voodoo economics’.
Well, the ‘voodoo economics’ spurred the greatest growth during the times of globalization. No one talks about competitive advanatge now. Only discussion now is about how to squeeze the rich!
When will they realize that even though the ‘rich’ received tax breaks from the Fed, many other taxes went up to compensate for the deficiency.
I own a small business and only had to pay a ‘Commercial Activity Tax’ a couple of years ago, along with the Universial Carrier Fee, and on and on...
I think more and more Democrats are feeling the same way. Lets hope so.