A quote from The Price of Ignorance at Captain Capitalism:
The most glaring source of ignorance is that 45% of the people (versus 35%) think the democrats will do a better job of helping the economy.
You have got to be joking. Political bias aside, let's just look at it from a purely economics perspective. Both major candidates for the democrat party are advocating tax increases. I don't care who they're for, but taxes slow down the economy. And Obama's outright idiotic statement that he would increase capital gains taxes by nearly 100%, and still didn't think that would hurt the economy, shows you his ignorance as well.
Additionally this also flies in the face of history. You may hate Bush, but he got this economy out of a recession after a Dotcom Crash and a terrorist attack. He kept it going the entirety of his administration and he did it with tax cuts (and an egregious amount of spending). Reagan the same thing. The best argument the left has is Bill Clinton, but there he was restrained by a Republican congress and if you were to look at government revenue as a percent of GDP it went down (thus a macro-economic decrease in taxes).
A Dark Ride Caught Captain Capitalism's excellent The Price of Ignorancethe other day at Maggie's Farm, which sparked a short discussion between myself and one Luther McLeod who, I might add, has a bit of the bite to his humor.
Tracked: Apr 10, 23:15