Why do Republicans continue to lie about Trickle Down neo-liberal economics?

Amadeus said:
More importantly, why does the Republican base (and yes, even the Democratic base) continue to buy into it? This will be what -- the third time? -- trying massive tax cuts. They don't pay for themselves, and thus balloon the debt. They didn't work under Lord Raygun, they didn't work under Bush, and they're not going to work under Trump. All they do is increase the wealth disparity between the rich and the poor (formerly the middle class).

Any theories on why the people are stupid enough to believe that tax cuts for the super rich will generate wealth for the middle class and below? I laugh at the pittance that the middle class will receive under these tax cuts.
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Tax cuts do not decrease tax revenue liar.

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cawacko said:
I know you and Mott can both read well. Tax cuts don't work in a vacuum. I wrote they needed to cut spending and didn't.

Go back and look at the economic growth we had once those tax cuts kicked in. Like I told Mott, late 'SC game last night so I'm in shape to go poat the data but it's been there dor decades for us to see.

And it's not talk radio people who speak about it. I probably have more than a dozen books on my shelves by economists on this topic alone. Read what the people who really know are saying
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Oh please Wacko do you know how many times we’ve heard this nonsense. Supply sides always have an excuse for why it doesn’t work. You can spin excuses all you want but not once have Supply Side policies worked for anyone but the very wealthy.
 
cawacko said:
They are referred to as JFK's tax cuts because he was the one promoting them. And they were supply side. George W. Bush claimed to be a supply sider yet his refund checks were straight Keynesian. Point being what one considers themselves economically and their policies don't always match up.
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JFK was a Keynesian and the GOP has never believed in Supply Side theory cause as W’s pappy said “it’s voodoo economics.”. The GOP uses Supply Side arguments for tax cuts for the wealthy.
 
this is not supply side tax reform.. it's getting corporate taxes where they should be ( in line with the world)
"da rich" may not even get a rate reduction,and loopholes are closed..

about the only bad thing is getting rid of the estate tax,and that is small potatos
 
cawacko said:
They are referred to as JFK's tax cuts because he was the one promoting them. And they were supply side. George W. Bush claimed to be a supply sider yet his refund checks were straight Keynesian. Point being what one considers themselves economically and their policies don't always match up.
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and in the end when reality hits we are all Keynesians because the spending to save the economy when tax cuts go too far and fuck us up is keynesian theory.


we are all Keynesians when the rubber hits the road
 
Mott the Hoople said:
You know who said that Desh? Richard Nixon.
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yeap because he had to ADMITT for the countries ouwn good that the way to save the ecconomy was the ideas of the keynesians.


government spending


at least Nixon lovednhisn coun try enough to do it and say it.


Bush 41


he ate no new taxes when we needed to raise taxes

he placed country over party
 
evince said:
https://en.wikipedia.org/wiki/We_are_all_Keynesians_now




"We are all Keynesians now" is a famous phrase coined by Milton Friedman and attributed to U.S. president Richard Nixon. It is popularly associated with the reluctant embrace in a time of financial crisis of Keynesian economics by individuals such as Nixon who had formerly favored less interventionist policies.



History of the phrase and variations[edit]
Carl Turner in his 1969 book[1] cites a Russian article by I.G. Blyumin from 1947, referring to what was already the 'famous remark'. The phrase was later attributed to Milton Friedman in the December 31, 1965, edition of Time magazine.[2] In the February 4, 1966, edition, Friedman wrote a letter clarifying that his original statement had been "In one sense, we are all Keynesians now; in another, nobody is any longer a Keynesian."[3]


Friedman's expression was purportedly a rejoinder to the 1888 claim of British politician William Vernon Harcourt that "We are all socialists now";[4] a declaration that was reprinted for a Newsweek magazine cover story in 2009.[5]
In 1971, after taking the United States off the gold standard,[6] Nixon was quoted as saying "I am now a Keynesian in economics",[7] which became popularly associated with Friedman's phrase.


In 2002, Peter Mandelson wrote an article in The Times declaring "we are all Thatcherites now", referring to the acceptance among the other political parties of Margaret Thatcher's economic policies.[8]


The phrase gained new life in the midst of the global financial crisis of 2008, when economists called for massive investment in infrastructure and job creation as a means of economic stimulation.[
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post 98


this line keeps coming up in history for what reason cons?
 
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