This makes more sense than supply side economics.
http://thinkprogress.org/economy/2011/06/27/255010/chart-states-cut-most-spending-jobs/
Once again, you return to the basic equation of demand: D=CS+BI+GS+(E-I).
Demand = Consumer spending+Business Investment+Government Spending +(Exports-Imports)
In the face of declining consumer and business spending, government spending should be used to stimulate demand.
There really is no counter-argument to this that I have heard that makes a damned bit of sense. But according to the GOP, it's all about supply-side. So, cut spending and cut taxes and jobs will magically appear.
This study above is about the millionth to show that supply side economics is so full of crap that its eyes are brown.
The same supply side idiots who are cutting budgets and cutting taxes are the same idiots who predicted that Bush 1.0 and Clinton's tax increases would lead to a recession and high unemployment. They also said that the Bush 2.0 tax cuts would create a "rising tide that would lift all boats." Crap and crap.
So, with all due respect to my lovely, intelligent and charming wife, having facts on your side won't matter a lick with these people.
It never has.
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