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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (886273)9/9/2015 10:50:18 AM
From: Wharf Rat  Read Replies (1) of 1577025
 
"And without those extra costs they might be the 5th or 6th largest economy"

LMAO? Do you really take yourself seriously?

"As for under-performance it was more than a year or two"

We had a Republican governor until 2010. It never helps to keep trying the failed economic policies of the past while hoping for a different outcome. Some call that "insane".

California’s eighth place showing in 2013 tells the story of the state’s comeback after years of hard knocks starting in 2007. Levy credited Silicon Valley with playing a pivotal role in the rebound.
kpbs.org

Unwavering Fealty to a Failed TheoryThe Republican presidential candidates still cling to trickle-down economics.

By David Madland Aug. 6, 2015 | 8:00 a.m. EDT + More

With their first debate set for tonight, Republican candidates have been trying mightily to claim they can help address the economic problems most Americans face. But their mouths, their policies and especially their backward views of the economy keep getting in the way.

While Jeb Bush declared in February that "the opportunity gap is the defining issue of our time," more recently he's been forced to backtrack from his statement that Americans "need to work longer hours" in order to boost their incomes. Sen. Marco Rubio's argument that if the United States is to "remain an exceptional nation, we must close this gap in opportunity," rings a bit hollow next to his tax plan that disproportionately benefits the wealthy. Gov. Scott Walker says he wants to help families achieve the "American Dream," but thinks the minimum wage is "lame," has stripped the words "living wage" from state laws, and has attacked workers' right to join together to collectively bargain for better wages.

Looking beyond the rhetoric and individual policies, however, lies the Republican Party's major problem: unwavering fealty to trickle-down economics. Virtually all Republicans since Ronald Reagan was elected president have run on a platform of supply-side policies, and the 2016 election will be no different. But it should be, because there is now a growing recognition that trickle-down economics has failed due to the fact that it rests on a fundamentally flawed premise....

usnews.com
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