Monday, August 9, 2010

Joe Scarborough continues to get dumber

This morning while interviewing super super smart Ivy League guy Jeffrey Sachs, Scarborough said that Democrats are trying to rebuild an economic bubble through government spending, while Republicans are trying to rebuild the bubble with low taxes that will "get more money out there and pump up consumerism".

What? OK, maybe he is technically right. There probably are some Republicans out there that think tax cuts are about giving people more money to spend. But as a self described "small government conservative", he should know that the conservative argument for low taxes has nothing to do with "getting money out there".

In addition to the moral argument for low taxes (private property and keeping the fruits of one's labor), the economic argument for keeping taxes low is about minimizing disincentives to work, save and invest.

How does he not know that? Scarborough has been working at MSNBC way too long.

[Update]
Karl Rove made his debut guest hosting the Rush Limbaugh program today and talked about the importance of making the moral argument against tax hikes:
We live in a country that values individual enterprise, personal responsibility and individual freedom. The more the government takes out of your pocket the less we have of all three of those things. - Karl Rove

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