Thursday, February 26, 2009

POLITICO TUNES IN THE VOODOO ECONOMICS CHANNEL

In an article about Pres. Obama's tax plans, Jeanne Cummings channels some Arthur Laffer BS. Her title - "Class warfare returns to Washington" - tells us all we really need to know about her bias. Class warfare was going on during the entire criminal Bush regime. She follows this with the classic supply-side lie:
And who are the people out there today with the cash — and confidence — to spend? Most often they are people and families with earnings ranked in the top echelons and who will be subject to the Obama tax hike.

Can't she grasp that the trickle-down approach clearly doesn't work?

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