GOP fiscal plan relies on projections from group that predicted Bush boom

[ProSense]

GOP fiscal plan relies on projections from group that predicted Bush boom

by Jed Lewison



So House Republicans claim their long-term fiscal plan will create millions of new jobs, citing as evidence economic projections from the privately-funded Heritage Foundation that were released as a part of their plan.

In response, Matt Yglesias asked a good question: have Republicans previously used Heritage forecasts to defend their fiscal policy proposals? The answer, he reports, was a resounding yes: Republicans touted Heritage forecasts that the Bush tax cuts would generate an economic boom, boosting employment by roughly 6.5 million jobs.

Of course, despite the Heritage prediction, there wasn't job growth, median income fell, debt levels exploded, and Bush left office with the economy in tatters.

more

[jaxx]

1. The Koch brothers’ influence empire

The Koch brothers’ influence empire

A list of right-wing action groups and think tanks

This list of organizations is long but they have one common thread: promoting an antitax, antiregulatory ideology that will ultimately gut government’s ability to
ensure markets functioning properly for everyone and protect consumers against abuses in the system. In addition to promoting this right-wing ideology, some of the
groups on this list, such as the Competitive Enterprise Institute, seek to undermine the science behind climate change. Indeed, many of the policies these organizations
promote not only further a right-wing ideology but they also increase profits for Koch Industries.

Heritage Foundation—$4,115,571

http://www.americanprogressaction.org/issues/2011/04/pdf/koch_brothers.pdf page9

[tanyev]

2. Lies and the Lying Liars Who Tell Them.

Franken should have made that an annual series--like the Consumer Reports auto issue.