http://tpmdc.talkingpointsmemo.com/2011/09/super-committee-riven-by-major-divide-over-basic-fact.php?ref=fpa
So, Doug Elmendorf goes before the Super Congress and explains some basic facts about expansionary and contractionary economic policy.
The Republicans don't agree.
With the facts.
My favorite moment was when Kyl said he was worried that defense contractors might layoff workers if we cut defense spending. But he was unimpressed with the idea that cutting state or infrastructure spending would have the same effect.
Why?
Ask him. I'm sure it has nothing to do with the fact that military contractors spend hundreds of millions of dollars in lobbying fees and laid off construction workers spend considerably less.
Someone, maybe Mary Chestnut, said that the Confederacy's inability to coordinate national policy led to its defeat. "The Confederacy was killed by a theory."
Fitting that the neo-confederate party of 2011 is trying to do that to the national economy.
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