I get asked for this sort of thing all the time, and thought I’d put it all in one, convenient place, so the next time someone starts bending your ear about the glories of Reaganomics, tax-and-spend Democrats, or Weber and the Austrian school of economic theory, you can point them to a nice, sleet-frigid shower of reality.
You see, we liberals have this great hole card when it comes to economic policy, which is that while our prescriptions for the economic health of the country may not be 100% right, it is irrefutably a fact that those of conservatives are wrong.
You like charts? I like charts. Here are some charts: 42 of them, in fact. The list is below the image slider.
UPDATE! Here is an accessible annihilation of Hayek, von Mises and their “Austrian School” of economic theory, which really boils down to governments baaaaaaaad (boo! hiss!), and Magic Free Market Pixie Dust gooooooood.
Go read it, it’s informative and fun.
- The Top 1%’s Share of Pre-Tax Income
- Republicans are Responsible for the National Debt
- The US has a low rate of taxation
- Federal Income Taxes on Average Families are Historically Low
- Corporate Taxes are Historically Low
- Effective Tax Rates on the Wealthy Have Fallen Dramatically
- The Bush Tax Cuts Were Weighted Heavily for the Rich
- Eliminating Bush Tax Cuts Flattens Debt Growth
- Tax Expenditures are Bigger than Entitlement Programs
- Bush Increased Spending by 88%; Obama by 7.2%
- Private Sector Jobs Have Grown Far Better Under Obama
- Deficit is Projected to FALL Under Obama
- Income Increases Flat Since 1979 Except for the Wealthy
- Capital Gains Are Concentrated Among the Very Wealthy
- Typical Middle Class Households Pay Higher Tax Rate than Many Wealthy
- Raising Capital Gains Tax Would Have No Major Effect on the Elderly
- Obama Scaleback of Bush Tax Cuts Affects Only the Very Wealthy
- Lower Taxes on Rich Do Not Lead to Job Growth
- Bush Policies–NOT TARP–Drive Huge Deficit
- Doing Nothing Would Reduce Deficit by 7.1 Trillion Over 10 Yrs
- Synopsis–Republican Economic Talking Points Are False
- Reaganomics Has Killed American Prosperity
- The End of the Great Prosperity Is Linked to Supply-Side Economics
- Ryan Budget Raises Taxes on 10x as Many People–Just Not the Rich
- More than one-third of Families With Children Have Increased Taxes Under Ryan Budget
- Income Growth, Climbing for Decades, Has Plummeted Since Reagan
- Nearly All Income Gain Since 1979 Has Been At The Top
- Nearly All Income Gain Since 1979 Has Been At The Top (2)
- Productivity Has Jumped, But Pay Fallen
- Inequality Since 1979 A Sharp Departure from Postwar Prosperity
- Median Household Incomes Declining
- Republicans Created Huge National Debt
- Obama Has Cut Taxes More Than Bush
- Private Job Gains Smaller Under Republicans
- Benefits of Increased Productivity Have Not Gone to Middle Class
- The Poor Pay the HIGHEST Taxes Proportionally
- Reaganomics Gutted the Middle Class
- Right to Work States Lose More Manufacturing Jobs
- Economists Near-Unanimous Stimulus Worked
- Supply Side Economics Fails By All Measures
- Average Tax Rates Reduced Most Since 1979 for the Wealthiest
- Taxes for Wealthy Have Fallen Dramatically