26-08-2013, 01:50 AM
That is correct Albert.
I think as Reagan grew more and more ill with Alzheimer's, Bush took more control.
BTW, Thurston Clarke's book on JFK is rather spotty.
But he does have the basics of the economic plan down. ANd he is smart enough to call Heller a Keynesian who was delivering a stimulus package across the board.
The problem with these nutty supply siders is that you cannot even begin to equate what they gave the rich to what they gave anyone else. Even Stockman saw through it and then left. I mean anytime you get below 50 percent in the top bracket, and only a drop off to 34 % for the middle class, things start getting out of whack. And then all the other things the Gingriches wanted, like lower capital gains, lower estate taxes etc. The goal was to ultimately stick the middle class with the tax bill while the upper classes became billionaires. ANd the frigging media bought this Laffer alchemy.
Remember what Stockman said in that wonderful article by Greider? Supply side was just a synonym for trickle down. Because you can't sell trickle down because of the stigma it has with the Great Depression. So Laffer decided to rename it.
BTW, that jerk Laffer was still saying it was a great idea a month before the crash!
Jon Stewart made a great montage of all the GOP idiots on Fox talking up the stock market right on the eve of the crash. If I recall, this was about a week before Bear Stearns fell.
(For my money, Stewart is the best guy on TV now. The Young Turks are not bad either.)
But anyway, these are the people McAdams is in bed with. I mean check out Heartland Institute.
And BTW, please click the links in that article. They are all good ones. And go ahead and post it around hopefully on some more wider angle sites like DU or Rigorous Intuition.
I think as Reagan grew more and more ill with Alzheimer's, Bush took more control.
BTW, Thurston Clarke's book on JFK is rather spotty.
But he does have the basics of the economic plan down. ANd he is smart enough to call Heller a Keynesian who was delivering a stimulus package across the board.
The problem with these nutty supply siders is that you cannot even begin to equate what they gave the rich to what they gave anyone else. Even Stockman saw through it and then left. I mean anytime you get below 50 percent in the top bracket, and only a drop off to 34 % for the middle class, things start getting out of whack. And then all the other things the Gingriches wanted, like lower capital gains, lower estate taxes etc. The goal was to ultimately stick the middle class with the tax bill while the upper classes became billionaires. ANd the frigging media bought this Laffer alchemy.
Remember what Stockman said in that wonderful article by Greider? Supply side was just a synonym for trickle down. Because you can't sell trickle down because of the stigma it has with the Great Depression. So Laffer decided to rename it.
BTW, that jerk Laffer was still saying it was a great idea a month before the crash!
Jon Stewart made a great montage of all the GOP idiots on Fox talking up the stock market right on the eve of the crash. If I recall, this was about a week before Bear Stearns fell.
(For my money, Stewart is the best guy on TV now. The Young Turks are not bad either.)
But anyway, these are the people McAdams is in bed with. I mean check out Heartland Institute.
And BTW, please click the links in that article. They are all good ones. And go ahead and post it around hopefully on some more wider angle sites like DU or Rigorous Intuition.