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ace, look the hell around you. supply side was never a coherent body of thinking. it excludes more than it includes. it's predictive value has proven to be rubbish. the regulatory actions that were implemented based on it have proven to open pathways to fiasco unheard of since before world war 2.
it is a hodge-podge of antiquated simplistic notions patched together for the purposes of allowing vast transfers of money away from the state and into the hands of...well who?...a patronage system that pulls the strings of the republican party.
you and people like you have fuck all to say about job creation--except let's give more money to the patronage system that supports the republican party by way of dismantling the redistributive state---while making sure to keep the repressive state expanding and armed to the teeth---because---well why? so that patronage network can count on a well-armed police force to keep people away from their gated communities when they figure out they've been had? the bush tax cuts did NOTHING to expand employment. neither did the reagan tax cuts. NOTHING that supply side has advocated has helped. because it's not about that. it's about increasingly class stratification. taking the money and hiding out.
and you have fuck all to say about the actual structure of the actual economy. you're obsessed with the hydraulics of taxes as if that were a fundamental problem. that you can devise hydraulic relations around a variable says nothing--at all--about why that variable should be central. you can't argue the case because for you it's all just part of some rigid system the operating logic of which is basically that of shampoo directions:
lather repeat, lather repeat.
you won't even address the self-evident problems of unemployment (for example) presumably because you think the people who are out of work deserve their lot or they'd get all bootstrappy and pick themselves up. because, in your world, nothing is actually wrong, it's all normal, part of ordinary bidness cycles.
but today when, for example, the uk market freaks out because the carefully worded statement from the exchequer indicates that there's a good likelihood of a depression that we haven't even fucking gotten to yet, and the fed releases yesterday a statement on actual activity rates within the economy that are tending toward zero and new trade data shows that the export/import gap has done the opposite of what the conservative economic pundit class has been saying it will.....unemployment continues to go up and the only reason it's not a Crisis on its own is that feature of the rates, that self-adjusting feature which is that people out of work more than 6 months aren't counted.
and people who think the way you do are opposing extensions of unemployment benefits.
people who think like you you oppose attempts to divert money into supporting or enabling the growing of new businesses.
people who think like you oppose all attempts to actually address real problems.
people who think like you do imagine that giving more money to the social class that controls approximately, what, 70% of capital, will do something.
it hasn't worked. it's not supposed to. working people don't support the republican order. so fuck em, right ace? worse than that, they have in the past organized themselves into unions--GASP---and tried to take power from holders of capital---the Horror!
it's pretty clearly time to try something else.
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a gramophone its corrugated trumpet silver handle
spinning dog. such faithfulness it hear
it make you sick.
-kamau brathwaite
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