Here's a couple for ya, Gas.
Reagan's budget manager says the
GOP has destroyed the US economy. Not "can destroy" or "might destroy". HAS destroyed.
FTA:
Today, professional economists are no more than hired guns for politicians with myopic ideologies and huge bankrolls that make it easy to justify lying, cheating and stealing from investors, workers, consumers, savers and taxpayers. Capitalism has morphed into a monopoly ruled by politicians who are serving a wealthy elite. Competition is a joke. Democracy is a farce. “We the People” no longer exists.
Well, I could have told you that. But notice the above paragraph doesn't cite a party. It's not just the GOP, it's both major parties beating the economy to death... though I guess you can blame the republicans more because they're supposed to actually be FOR capitalism... but we haven't seen actual capitalism in our macroeconomy in decades, if not generations.
His main points:
1. Politicians are addicts, can’t stop spending America’s future
2. Cutting taxes: a cruel joke, defers big tax burden onto kids
3. Social Security is a myth: Forget 2036, there’s no money today
4. Reaganomics loves war: Military spending is off the table
5. Gross leadership failure: clueless ex-Goldman CEO at Treasury
6. Bank bailouts: Bad economics now accelerating America’s decline
7. In a “free market,” Wall Street banks must be free to fail
8. Today’s “crony capitalism” is destroying our faith in America
9. Derivatives speculation: Wall Street gambles in shady casinos
10. Too-greedy-to-fail banks are creating another bigger meltdown
No argument with 1. Definitely true.
For 2, it depends on what side of the bell curve taxes are. What the joke REALLY is is that we're still using industrial-revolution era taxation policies in the post-information age.
3's what I've been saying for years.
4 is well known to be a GOP sacred cow, and while I'm not adverse to a powerful military, there's a lot of fat that could be trimmed.
Everything from 5 on is also correct. The way our federal government does business should be a crime, so far as any true believer in capitalism should be concerned.
In politics, it's not who's a criminal, it's just who's
getting caught.