The whole article can be summed up in this phrase, of course Krugman goes on to say why and I suggest you read it.
The real lesson from Kansas is the enduring power of bad ideas, as long as those ideas serve the interests of the right people.
Now most of you know by now I am not a fan of writing long diaries and I just love this sentence, since it describes perfectly why I get so bloody mad at times.
His conclusion isn't that bad either
But the effect won’t last long, because faith in tax-cut magic isn’t about evidence; it’s about finding reasons to give powerful interests what they want.
The number of times "piss on economics" has failed miserably to such an extent that those least able to pay for the elites excessive asset stripping end up paying for the debacle makes me seriously wonder about our collective intelligence.
A steady diet of propaganda about how wonderful this "Limited American Dream" sold by some of the wealthiest people on earth via their media and political organs seems to have cudgeled people into voting against their own interests.
Oh those nasty evil Unions was another phrase taken hook line and sinker, I wonder what SCOTUS will come up with today to add to the citizens united madness.
Oh those evil estate taxes hurting the average American! Oh bloody hell.
Oh those nasty evil taxes, the rich should pay as little as possible and once you are rich enough the ride should be free, job creators!
Yes I can get with:
The enduring power of bad ideas, as long as those ideas serve the interests of the right people.
Brought to you by Goebbels...I mean the rich and their propaganda arms Congress and the MSM.
Oh noes I went Godwin...
Tough.