Partisan Growth Gaps

[Tom Joad]

Every Republican tax plan has three essential elements.

1. Tiny tax cuts for the masses, which they showcase in order to get support from the middle and working classes.

2. Huge tax cuts for the rich which they downplay and hide.

3. And the ridiculous claim that these tax cuts will result in a growth in the economy so great that revenues will actually increase. A claim that has been proven again and again over the past 35 years to be dead wrong.

Of course the real intention of these policies is to implement their "starve the beast" plan, whereby huge deficits are created which can then be used to justify cutting "entitlements", especially Medicare and Social Security. These cuts will be what the middle and working classes get in exchange for the tiny tax cuts they got.

http://www.nytimes.com/2015/11/02/op...l-krugman&_r=1

Paul Krugman

Partisan positioning on the economy is actually quite strange. Republicans talk about economic growth all the time. They attack Democrats for “job-killing” government regulations, they promise great things if elected, they predicate their tax plans on the assumption that growth will soar and raise revenues. Democrats are far more cautious. Yet Mrs. Clinton is completely right about the record: historically, the economy has indeed done better under Democrats.

This contrast raises two big questions. First, why has the economy performed better under Democrats? Second, given that record, why are Republicans so much more inclined than Democrats to boast about their ability to deliver growth?

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[mpholland]

Republicans are so inclined because they are masters of deceit, and they know that Americans have the political memory capacity of an anemic maggot.