The Long Hard Slog

So there's a little encouraging news out of Washington - the fact that Mike Pence (R-IN)  actually says the Bush tax cuts didn't work as advertised.  I suspect this means he's angling a little for the independent vote and to stake out a moderate position within the party as he runs for president in 2012, but because he's daring to go against the GOP's currently radical  dogma, he'll probably get scorched by Dumb Fux News and Rodeo Clown Radio.  And I will continue the search for intelligent life in politics.

Here's a long look at what Pence is trying to talk about via Crooks and Liars.

In a rare moment of candor last week, the third-ranking Republican in the House admitted the failure of the Bush tax cuts. "You know, I think it's fair to say, if the current tax rates were enough to create jobs and generate economic growth we'd have a growing economy," Mike Pence acknowledged, adding, "It's not working now." Given that the Bush years produced the worst economic growth in the past 50 years, Pence is sadly correct. But sadder still is the dismal performance of the Bush economy across almost every indicator that counts. From moribund job creation and sinking household incomes to skyrocketing deficits and record income inequality, Republican economic stewardship over the past decade has been a disaster.

Here, then, are the 10 Epic Failures of the Bush Tax Cuts:

1-Dismal Economic Growth

2-A Decade of Budget Deficits

3-Red Ink as Far as the Eye Can See

4-Disastrous Job Creation

5-Declining Incomes

6-Increasing Poverty

7-A Massive Windfall for the Wealthy

8-Record Income Inequality

9-A Sagging Stock Market

10-Jeopardizing Future Economic Growth