You are exactly right about consistent Repub failure re their Supply-Side policy
[QUOTE=PVMonger;2708388]Supply-side economics [B]supposedly[/B] "works by giving incentives to businesses to expand. A corporate tax cut gives businesses more money to hire workers, invest in capital equipment, and produce more goods and services. An income tax cut increases the dollars per hour worked. It boosts workers' incentive to remain employed and creates more labor. "
Therefore, if supply-side economics actually worked, Republicans would have better employment numbers than Democrats because businesses would hire more people, pay them more which, in turn would mean more workers.
In practice, none of that happens. Supply-side economics is bullshit. Everybody with a brain knows this. The only people who don't know this are Republicans because the wealthy people who bankroll Republican candidates are the primary beneficiaries of tax cuts for the rich.
"While progressives may not have all the answers to achieve equitable growth, conservatives have the wrong answers. If conservatives are serious about promoting economic growth and prosperity, they need to stop fetishizing tax cuts and start proposing policy ideas that are based on actual facts. Indeed, history would tell us that investing in the middle class and those who want to rise into it is the best long-term economic growth strategy. " [URL]https://democracyjournal.org/magazine/29/burying-supply-side-once-and-for-all/[/URL].[/QUOTE]The only question is do Repubs promote and pass their beloved economically disastrous Supply-Side / Trickle-Down policies over and over again whenever the electorate is dumb or careless enough to put them in a position to do it because they are hopelessly unchangeable numbskulls or because their primary mission is to destroy the USA economy, wipe out millions of jobs and produce rock bottom bargain basement prices for America's assets and wages so their monied political donors can swoop in to buy at the ideal times and get even wealthier at the great expense of everyone else.
Not that it matters which, really.
And all from testimony by Repubs appointed by Trump himself
The Jan. 6 Hearings' 2nd day did a masterful job of confirming what 225+ Million Americans already knew at least since 2015; that the other 74 Million Americans who could possibly be conned by a blatantly obvious even lousy con man are either total numbskulls, have as much contempt for the country and the people in it as he does or both.
False equivalency at its best
[QUOTE=Paulie97;2708494]As usual the daily hyperbolic, false dichotomy is expounded. Others have taken a look at the last 100 years, and while the Dems overall have performed better, still four of the seventeen "devastating, mind boggling, atrocious, crashing and life destroying recessions" (wink) started under Democratic administrations. He's alluding to the post WW I recession, another after the Great Depression that started in '37, the one post WW II, and the undeniable one that began in the last year of Carter's presidency, speaking of "bad handoffs. " And this is from a historic, well reputed left wing publication that is decidedly on your side. They also have no failed fact checks in the last five years. I doubt a guy in a monger forum that has long painted himself in a corner singing the same tune for two years can adequately correct them, but feel free to give it a shot.[/QUOTE]One Quarter of 7% GDP Growth contraction followed by a consecutive quarter of 0. 7% GDP Growth contraction, followed by two more consecutive quarters of positive GDP Growth of 7.5% and 8. 5%, all while both inflation and the unemployment rate (that only spiked up to 7.8% for a single month during those barely two negative quarters) were steadily declining month over month into that Dem to Repub handoff and that mini "recession" having been purposely induced by the Fed in order to cool down an overheated Carter economy that was creating too many more jobs than there were applicants to take them is in your mind as "devastating" as the ones under Hoover, the combined three under Eisenhower, the huge and prolonged one under Reagan, the long one under Bush1, the gigantic one under Bush2 (his 2nd one) and the colossal one under Trump?
Uh. Carter's was barely a blip on the screen by comparison. And his was probably closer to "life-altering" than any of the other two Dem-related ones of the past 100 years you mentioned. LOL. The "'37" recession and post WWII recession were as minor and forgettable as Biden's minor GDP Growth contraction that is so far as close to flat as it is to even a 3% contraction.
Carter's handoff to Reagan was still better than any Repub to Dem or even the Repub to Repub (1988) handoff of the past 100 years. Dems can only dream and wish they could ever enjoy the economic conditions, trends and trajectory Reagan inherited from Carter in a someday, faraway future Repub to Dem handoff.