These are irrationally partisan times.
The truth is not going to sway Republican Party stalwarts in arguments about matters economic.
To be heard, the truth must be spoken by the right right-winger.
No Republican, certainly no conservative Republican, is going to accept evidence from President Obama, Democratic congressional leaders, liberal journals of opinion, mainstream economists or non-partisan budget analysts that says the policies of Republican presidents and congresses – and the Democrats that go along with them—are most responsible for the economic troubles the United States is facing.
The very notion is dismissed as quickly as the scientific evidence of evolution and climate change.
No conservative worth his or her tea bags is going to accept a charge that Republicans are at fault for the fiscal dysfunction of the moment from anyone short of the Gipper’s "budget guru" – the man Ronald Reagan trusted as his director of the Office of Management and Budget.
Conveniently, David Stockman—the Reagan administration’s point man in the fight for supply-side economics who proved when it came to deficit issues to be even more conservative than the fortieth president – has weighed in on the matter.
What does this architect of Reaganomics say?
"Republicans used to believe that prosperity depended upon the regular balancing of accounts—in government, in international trade, on the ledgers of central banks and in the financial affairs of private households and businesses, too. But the new catechism, as practiced by Republican policymakers for decades now, has amounted to little more than money printing and deficit finance—vulgar Keynesianism robed in the ideological vestments of the prosperous classes," Stockman writes in a lengthy analysis of the current economic condition published Sunday in The New York Times. "This approach has not simply made a mockery of traditional party ideals. It has also led to the serial financial bubbles and Wall Street depredations that have crippled our economy. More specifically, the new policy doctrines have caused four great deformations of the national economy, and modern Republicans have turned a blind eye to each one."
Where are Republicans really wrong right at the moment? In proposing to maintain the Bush-Cheney administration’s massive tax breaks for the wealthiest Americans.