September 14, 2005

The conservative platform

Matthew Yglesias cuts through the cognitive dissonance:

...When most of your big ideas are well-designed for election day but don't actually make sense, it's hard to make substantive progress on your agenda. Most notably, the idea that decreasing tax rates is a good way to increase tax revenue has become frighteningly central to conservative governance despite a lack of such things as evidentiary support. Its empirical falsity aside, this strong supply-side thesis doesn't even make sense as ideology. It casts conservative tax cutters as trying to maximize federal revenue (impeded, for mysterious reasons, by blinered high tax liberals) but also as opposed to spending the revenue on useful programs to help people. Supply Side Jesus is going to fill the federal coffers and then the president is supposed to just ... sit on the cash, like Scrooge McDuck swimming around in a pile of gold coins...

Posted by Jeffrey at September 14, 2005 7:44 PM
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