Taxes: January 2008 Archives
Pro-tax Liberal Values, for reasons that aren't at all clear to me, has gone on a small jihad against Supply-Side Economics (what he's calling Voodoo Economics).
It's a rather astonishing and embarrassing mix of sweeping generalizations and red herrings substituting for real analyses from a guy obviously smart and bright enough to know better.
The attack begins with a clear-as-mud critisism of the "Laffer Curve:"
A conservative publication, which I will not name, just spiked a book review because I said that the Laffer Curve didn’t apply at American levels of taxation, even while otherwise expressing my vast displeasure with the (liberal) economic notions of the book I was reviewing. This isn’t me looking for an alternative explanation for the spiking of a bad review: the literary editor accepted it, edited it, and then three hours later told me it couldn’t be published because it violated their editorial line on taxation.
I suppose I ought to have known, but I didn’t. Go ahead liberals, pile on: you told me so.
(Megan McArdle, The Atlantic.com, 10 . 16 . 2007)
Pro-tax Liberal Values frames this quote with this out-of-the-blue and way-the-hell over-generalization:
I’ve often noted that a major problem with the modern conservative movement and the Republican Party is that they put ideology before reality.
. . . ?! . . .
