Peter Ferrara at American Spectator vomits:
Just two weeks ago, a book on economic policy was released that will be a classic for the ages. Entitled The End of Prosperity, by Art Laffer, Steve Moore, and Peter J. Tanous, the book explains in full detail the economic disaster that will befall America if it takes a sharp left turn to neo-socialism under the leadership of the far left President Barack Obama, the ultraleft Speaker of the House Nancy Pelosi, Senate Majority Leader Harry Reid with 60 liberal Democrat Senators, and their pal the ultraliberal Howard Dean heading the Democrat party.
So why is Laffer (the same slapdick who "proved" that lowering taxes actually increased tax revenues) so pantsbrowningly worried?
W]e are now witnessing nearly all of the economic policy dials that were once turned toward growth being twisted back towards recession. [O]ur politicians in both parties, but especially the liberal Democrats, are getting everything wrong -- tax policy, regulatory policy, monetary policy, spending policy, trade policy. We call this the assault on growth. The political class seems to be almost intentionally steering the United States economy into the abyss -- and, to borrow a phrase from P.J. O'Rourke, the American electorate, alas, seems ready and willing to hand them the keys and the bottle of whiskey to do it.
Get it?
Things are about to get really, really bad, see, and when things get really, really bad, this "conservative" "economist" wants to make sure you know where to properly lay blame.
This is what scientists call "bullshit."
Ferrara, Laffer and the rest of the unrepentant right-wing punditry knows goddamn good and well that our economy isn't "veering into the abyss." Our economy is an abyss. The abyss is all around us, and it is littered with lost jobs, fractured pensions, broken dreams of retirement, and the promise of untold human struggle to come.
And goddamn it, it is the fault of the Republicans.
We can never let people forget who did this to us. And make no mistake, these scumfucks are going to try to squirm out of it. Read the article. They're already shoving the blame for their failure onto a president who hasn't even been inaugurated yet. They're standing there with a crude oil moustache and money falling out of their pockets, pointing a well manicured finger at Barack Obama.
At Barack Obama.
Oh, and if you chanced to enjoy any prosperity in the last 28 years? Ferrara says you have Ronald Reagan to thank. That includes, by the way, the eight years of prosperity and growth under Bill Clinton. You read that right: the economic growth of the 1990s were the result of Reaganomics (all that money trickling down, one presumes) but the current spiraling clusterfuck? Could it be that eight years of George W. Bush had anything to do with bringing it about? No, of course not. For that, we can thank the President From The Future, and his Futurepolicies.
Apparently, it's too much to ask for the right to wait until Obama's measured the drapes before they start firing broadside at his historical legacy. In this country's moment of need, in the time when we most desperately need people like Peter Ferrara to put down the crack pipe and engage their Ivy League minds to solve major league problems, that calling holds no appeal for them. They'd rather fling poo from their ivory towers and time machines.
It's not going to work.
It's your fault, Ferrara.
It's your fault, Laffer.
Suck the tailpipe of your pending irrelevance.