Wednesday, July 06, 2011

Voodoo economics debunked again
"Texas lawmakers had to close an enormous $27 billion budget deficit this year. Amazingly, only about a third of it was caused by the economic downturn. The state has had a chronic shortage of revenue after years of slashing property and business taxes and creating numerous tax breaks and exemptions."
Only the truly ignorant continue to claim that cutting taxes raises revenue.

And the teabaggers think Rick Perry is the answer?  He's a George W. Bush reincarnate.