As we see more and more information about the Republican plans for "austerity" and the budget cuts, we see more and more that all they are offering is the same one-trick pony that they have proposed to solve economic problems since the days of St Ronnie of Raygunz.
Now why would I put the term "austerity" in quotes? Because every time the Republicans make a proposal to cut spending, they also demand a tax cut. From Reuters:
(Reuters) - Republicans in the House of Representatives united on Friday behind a 2012 budget plan slashing trillions of dollars in government spending while cutting taxes -- two achievements conservatives say are necessary ingredients for a deal to raise the U.S. debt limit.In fact, we have quite abundant objective, verifiable evidence from the last thirty years that cutting taxes does not increase revenues nor does cutting taxes cause businesses to create jobs. Yet for some strange reason, the people who continually propose cutting taxes because "it increases revenues and creates jobs" are considered "very serious people" by the Beltway Village
