Why don't I hear this said every day? Supply side economics is a load of crap [View All]

[NCcoast]

Mainstream Media Spokesmodel/GOP talking head: We can't raise taxes on the wealthy while we're in a recession. It will stifle the economy and slow job growth.

Any progressive smart enough to tie his shoes: The conditions that supply side economics suggest will stimulate the economy, more wealth in the hands of the wealthy, have existed for a decade. And here we are, the worst economy since the Great Depression. Supply side economics is a load of crap. Let's tax the wealthy, start rebuilding our infrastructure and paying down the national dept. See, you actually can tax your way to prosperity, because economies are stimulated from the bottom up, not the top down.

I'm a simple guy, OK. Have I got this wrong? Isn't it just that simple? Why aren't I hearing this said every day?