washingtonmonthly.com — This isn't a subjective question open to debate; we tried a policy and we can evaluate its results. In this case, Republicans said Bush's tax policy would produce wonders for the economy, and they got exactly what they wanted. We now know, however, that the policy didn't generate robust growth, didn't create millions of new jobs, didn't spur entrepreneurship and innovation, and certainly didn't keep a balanced budget. And now, as the failed tax policy is set to expire, what's the new Republican message? That this policy must be extended at all costs, and anyone who disagrees is putting the economy at risk. They not only say this with a straight face, the argument in support of a policy we already know didn't work manages to scare a whole lot of Dems.
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