Saturday, December 31, 2016
The great tax experiment
Conservatives claim that to stimulate the economy we must have low taxes, few regulations and low wages. So Reich takes a look at how this policy didn't work in Kansas and Texas, and how the exact opposite worked quite well in California. No matter how many times the conservative plan is tried it fails, while the opposite succeeds. But when your ideology trumps reality that's always the case. And we're about to see the failed conservative policy played out again on the entire US and it will fail again. Unfortunately we the people are going to suffer horribly in the interim.