I guess he wants Obama to fail so he can have some company
Here is Rush Limbaugh in the Wall Street Journal:
Fifty-three percent of American voters voted for Barack Obama; 46% voted for John McCain... As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009: 54% of the $900 billion -- $486 billion -- will be spent on infrastructure and pork as defined by Mr. Obama and the Democrats; 46% -- $414 billion -- will be directed toward tax cuts, as determined by me... let's use both Keynesians and supply-siders to responsibly determine which theory best stimulates our economy -- and if elements of both work, so much the better.
Let's ignore Rush's megalomania for moment. Let's also ignore the fact that Rush would NEVER have supported a parallel plan that gave Democrats 49% of the power back in 2000 and 2004 (as James Carville aptly pointed out.)
What strikes me most about this Janus-faced diplomacy is Rush's fundamental failure to grasp the basic principle of a controlled experiment. Tell me Rush, if we try both Kenynesian and supply-side solutions at the same time how could we possibly determine which, if either worked? Thankfully we already have a large data-set for the later: the last 8 years have been a non-stop experiment in Republican supply-side economics. How did that work out for us?
If you want to know which works best the scientific thing to do give Kenynesian economics a shot for the next 8 years and see if we end up better off or worse off then we are now.
I am quite literally betting my retirement that Rush is, was, has been and will continue to be, wrong.
Fifty-three percent of American voters voted for Barack Obama; 46% voted for John McCain... As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009: 54% of the $900 billion -- $486 billion -- will be spent on infrastructure and pork as defined by Mr. Obama and the Democrats; 46% -- $414 billion -- will be directed toward tax cuts, as determined by me... let's use both Keynesians and supply-siders to responsibly determine which theory best stimulates our economy -- and if elements of both work, so much the better.
Let's ignore Rush's megalomania for moment. Let's also ignore the fact that Rush would NEVER have supported a parallel plan that gave Democrats 49% of the power back in 2000 and 2004 (as James Carville aptly pointed out.)
What strikes me most about this Janus-faced diplomacy is Rush's fundamental failure to grasp the basic principle of a controlled experiment. Tell me Rush, if we try both Kenynesian and supply-side solutions at the same time how could we possibly determine which, if either worked? Thankfully we already have a large data-set for the later: the last 8 years have been a non-stop experiment in Republican supply-side economics. How did that work out for us?
If you want to know which works best the scientific thing to do give Kenynesian economics a shot for the next 8 years and see if we end up better off or worse off then we are now.
I am quite literally betting my retirement that Rush is, was, has been and will continue to be, wrong.