“Republicans have defined their position, regardless of how reckless: austerity or bust. However, as economists have warned, austerity generally precedes — and, in fact, can cause — bust. Just look at Europe.
But Republicans are so dizzy over the deficits and delighted to lick the boots of billionaires that they cannot — or will not — see it. They are still trying to sell cut-to-grow snake oil: cut spending and cut taxes, and the economy will grow because rich people will be happy, and when rich people are happy they hire poor people, and then everyone’s happy. "
With a tip of the hat to Charles Blow