Thom Hartmann: Supply-Side Economics is “Voo-Doo” Economics

Thom Hartmann: Supply-Side Economics is “Voo-Doo” Economics

Hard-core Republican theories of economics have lead us down a dangerous path, with many believing we may actually be at the point of no return.  It wasn’t supposed to be this way….how and why did they manage to hijack our economy?  The defeat of Barry Goldwater and the disappointment felt by hard-core believers in the theory of “what’s mine is mine and what’s yours is mine” with both Presidents Nixon and Ford for not being absolute staunch “fiscal conservatives” fueled the raging fire of greed that led us to a supply-side dominated system of economy.  And, how we got here was absolute voo-doo.

Read more from Thom Hartmann here:  http://www.commondreams.org/view/2009/01/26-0

 

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