patrick.net

>He employed supply-side economics to get PRODUCTION up

LOLers

http://research.stlouisfed.org/fred2/graph/?g=1Hn

blue line shows government spending / GDP rising from ~20% of GDP to 22-23% of GDP in the mid 1980s. Supply side my ass.

The red line is annual gov't deficit to GDP -- yeah, cutting taxes does give a boost, but the deficit doubled from ~3% of GDP to 6% of GDP under Raygun.

National debt to GDP shows the full story:

http://research.stlouisfed.org/fred2/graph/?g=1Ho

with it rising from 32% of GDP to 55% in the 1980s.

Supply side economics FTW, LOL.

Here is an excellent rebuttal of Moore:

http://www.tnr.com/blog/jonathan-chait/93942/in-which-i-try-restrain-my-nasty-impulses-limited-success

I have been following Moore for years, and I have met him -- yes, it was awkward -- and I can assure you that this is not just some oddball rhetorical game he's playing. He genuinely has no idea what he's talking about. And I'm sorry to be mean to what seems to be a fairly nice guy, but it does matter that there are completely ignorant people wielding great influence over the policy debate.