FIORINA AND THE TAX FAIRY…. | The Washington Monthly
The Bush/Cheney Office of Management and Budget and the Bush/Cheney Council of Economic Advisers rejected the notion that tax cuts can pay for themselves out of hand. Fiorina, in other words, is promising to be even more fiscally irresponsible than the bunch that added $5 trillion to our national debt in eight years.
Even a fired CEO should be able to understand the reality here. The single biggest cause of the current deficit is Bush’s tax cuts. They didn’t “pay for themselves”; they put us in a devastating hole.
Read the rest: Steve Benen dismantles failed, former CEO Fiorina attempts at pushing bullsh!t trickle down er, supply side economics.