The Federal Reserve and the Congressional Budget Office both

[cthulu2016]

have said, and continue to say, that everything Republicans believe or claim to believe about economics is false.

Counter-factual. Not true. Without basis in fact or reality.

There is very little difference between these statements:

Obamacare features Death Panels

Reducing federal sending increases economic growth

Barack Obama was born in Kenya

All three of those statements are actually crackpot level ridiculous.

Why is one of them taken seriously?

[font color=green]An aside: This is one reason that assertions that economics is all pseudo-science irritate me. If economics was really equivalent to astrology or voodoo then all economic theory would be equally baseless and a person could rationally be agnostic about, for instance, the effect on growth of cutting government spending in 2013. Economics is a limited science, as all social sciences are, but it is enough of a science to generate some truer or more false theories and predictions. If it were not then we wouldn't know that Republican economics is utterly false while other economic theory provides useful predictions of the effects of government spending on growth. The CBO and Fed use theoretical assumptions in making predictions and those predictions are better than random, and much better than predictions based on Rand Paul's economic theories.[/font color]

[GeorgeGist]

1. Because. Reagan.

Made. Stupid. Respectable.

[leftyohiolib]

2. i think that is one of the best descriptions i've heard