“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