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View Diary: Federal taxes lowest since 1950 (196 comments)

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  •  I'm just funnin' ya (0+ / 0-)

    Te conozco bacalao, aunque vengas disfrazado - Hector LaVoe

    by mightymouse on Fri Jan 28, 2011 at 09:34:58 AM PST

    [ Parent ]

    •  but there is a serious point to be made (1+ / 0-)
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      It's the whole supply-side view that is over--it no longer serves the economic interests of the wealthy elite. It will die--and it is the corporados themselves who will kill it. That is one reason why the Repugs are in decline (another reason of course being that the Repug Party has been taken over by culture-war nutters, and fundamentalist theocracy is very bad for business).

      When it comes to raw naked economic self-interest, it is the Dems who are telling the corporados what they want to hear, not the Repugs.  While the Tea-Party Repugs preach American-nationalist protectionism, the Dems want to pass new free-trade agreements and restart the Dohan Process to expand WTO's authority. While the Tea-Party Repugs want to eliminate the welfare state, the Dems want to preserve it and try to expand it. The Repugs no longer support the corporate agenda--the Dems do.

      That, I suspect, is why the majority of corporate contributions went to Dems in the last election cycle, not to Repugs--a very very rare instance of corporados backing the losing side. The corporados know which party is acting in their interests and which party is not.

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