Kevin Drum wrote about Fighting Voodoo Economics "So the question isn't whether Republicans are contradicting themselves. They have a theory in which they aren't. Instead, the question is this: can Barack Obama persuade the American public that Keynesian economics is basically correct and that Republican economics is therefore crazy? Good luck with that. Everyone loves paying less in taxes, and there's a very big chunk of the public that also loves spending cuts as long as they're aimed at poor people. So they have every personal incentive to buy into the GOP's high-minded justifications for stuff they want to do anyway. And they do. After three decades, we still haven't figured out how to effectively fight voodoo economics. It would be nice if Obama started talking sense instead of caving in to conservative nonsense, but the problem goes way beyond just him."
No comments:
Post a Comment