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View Diary: House Republicans mock idea to save economy from threat of GOP sabotage (146 comments)

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  •  And again I suggest the obverse of the coin (15+ / 0-)

    The Four Horse's Asses of the National Debt: Reagan, Bush the Lesser, Laffer, Norquist.

    And on the back a chart showing the CBO projection in 2000 that the US would be debt free by 2010.

    Economics is a social *science*. Can we base future economic decisions on math?

    by blue aardvark on Tue Jan 08, 2013 at 09:10:15 AM PST

    •  Last year in Kansas, our governor actually (3+ / 0-)
      Recommended by:
      blue aardvark, bobinson, SilentBrook

      paid that Laffer $70,000 to come to our state as an advisor on economic policy.  He should have been laughed right out of the state.  But this is Kansas.

    •  Congress Gets to Choose (1+ / 0-)
      Recommended by:
      blue aardvark

      I believe that Congress actually gets to choose whose image would grace the new coin the Administration might decide to mint.  The tussle such a proposal will engender will be a delight to watch.  The House Republicans will be faced with an awful conundrum.  Do they insist that Reagan's visage grace the coin or Obama's (if that's even possible).  Generally, our coins have the faces of deceased statesmen/stateswomen.  Only Reagan's selection would fit that bill.  Even the other folks who might deserve to be on the obverse are still alive and kicking and, therefore, likely not selectable.  Much to the Republicans dismay, even Obama would not be eligible.  The only other deceased statesman they could choose would be JFK or FDR, and their incandescent hatred for those two would prevent their selection.  In the end, I am confident the Republicans in the House would ultimately choose Reagan, not being able to appreciate the irony of having done so.

      "Love the Truth, defend the Truth, speak the Truth, and hear the Truth" - Jan Hus, d.1415 CE

      by PrahaPartizan on Tue Jan 08, 2013 at 03:07:12 PM PST

      [ Parent ]

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