[UPDATE] 2: A perfect example of what Ruth and I talk about when it comes to listening to the wrong people. The same Wall Street assholes who caused this problem continue to perpetuate free market fairy tales and now their widdew feewings are hurt. Aw I have a sad. Wait, I don't. Fuck off. I've already squandered enough of my retirement money listening to you idiots.
[UPDATE]: Via Atrios is this must-read post from Ruth Calvo about the right's stranglehold on the nation's economic policy. Belief in such fairy tales as "trickle down" and the "Laffer curve" and the ability of tax cuts to create jobs and other myths continues in our nation's business press and Washington, all evidence to the contrary.
Go read the post....
Really? Really? Ten years of this shit and we’re still hearing the same tired excuses from Washington?
Nobody could have anticipated that Bush and the Republican Party shredded the economy with spending on wars and big tax cuts to the wealthy? (... and deregulation, and the casino mentality on Wall Street, etc. etc.)
Are you fucking serious, Robert Gibbs? Yes, let’s step back to January and February 2009 for a second. Remember all of the phony-baloney Republican hand-wringing over zombie marsh mice?
Remember all of the phony-baloney "pork” Republicans claimed was in the stimulus? If I knew the bill stank in February 2009, why didn’t you? Why didn’t you fight for something better? Something that would really work? Something that wouldn't put us where we are today, with midterm elections around the corner and people still out of jobs, which means a lot of Democratic Congress Critters may be out of a job. You needed to go big or go home and it looks like you chose go home. Why?
Look, I don’t expect Robert Gibbs or anyone in Washington D.C. to read my shitty little blog but for chrisssakes aren’t you people reading Paul Krugman, the Nobel Prize winner in Economics? Don’t you read the Huffington Post? Don’t you read Matt Yglesias? Or Moody’s economist Mark Zandi, who said even at $900 billion (the final bill was far smaller), the stimulus would be too small?
Who the fuck were you people listening to? John Boehner? Fox News? Rush Limbaugh?
This is why I’m pissed off. When are we going to stop listening to the same people who have been consistently wrong about everything since forever?