Cato Institute har i dag offenliggjort en klumme fra Forbes, skrevet af Alan Reynolds (som Wikipedia selvfølgelig har en beskrivelse af), en af fædrene til supply side-economics. Det er en rigtig god klumme fordi den både overlegent (på den elegante måde) korrekser Newt Gingrich‘s økonomiske generalieblad og samtidig sætter supply side-”bevægelsen” i perspektiv.
Whenever Newt Gingrich has been asked to explain why he is supposedly more “conservative” than other Republican presidential candidates, he has repeatedly replied that he “helped Ronald Reagan and Jack Kemp develop supply-side economics.” If that were true, I think I would know about it.
Av…
For Newt Gingrich to toss out strikingly grandiose and obviously unworkable ideas about scrapping many taxes and slashing others is for him to reveal that he’s far from moderate. But being immoderate is not the same as being conservative. And voicing flippant disregard for budget problems of the magnitude we face is not the same as being any sort of economist, supply-side or otherwise.
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