By Kevin “Coach” Collins
Democrats don’t do economics very well. They only produce good economic results when the media helps them lie about their accomplishments. Their child like denial of dynamic scoring (they only believe in it when it suits them) is shameful coming from putatively intelligent people. Parroting the phrase “taxes cuts for the rich” is the Democrats only economic policy, and that just won’t cut it.
They never learn
Over the years Democrat failures to acknowledge the relationship between taxation and consumer behavior (which is called “dynamic scoring”) have led to spectacular failures in governing.
In 1990 New Jersey’s Democrats passed a huge package of new taxes. Among them was a new tax on heavy truck sales. The essentials of the situation were this: New Jersey was an important player in the heavy truck market in the Northeast. Before the tax, in a three … Continue Reading:Trying to kill Bush tax cuts shows Democrats’ child like view of “dynamic scoring”