Location : Firmly planted in reality Posts : 1139 Age : 50 Join date : 2009-04-18
Subject: Conservative Economic Lies... Wed May 13, 2009 12:44 am
Quote :
House Republicans, citing economic conservatism, failed to vote in support of the economic stimulus plan advocated by President Obama and House Democrats. Many of these Republicans proclaimed Rush Limbaugh as “keeper of the faith” of economic conservatism. Rush Limbaugh is both wrong and lying. Rush claims that corporate tax breaks are the only way to open up employment and recover the economy. Rush claims that American companies are taxed at the highest level in the industrialized world. He also claims that the economy will recover itself if left alone.
In all of these claims, Rush Limbaugh is, as usual, completely ignorant of history and absolutely wrong about the workings of economics. It is certain that Rush failed Econ101 just as he failed every other of his college courses. He is a shock jock, not an economist. Why Republican Congressmen usually in possession of at least one college degree would ever listen to Rush Limbaugh’s uneducated verbal confusion escapes me.