Paul Krugman notes that politics determines who has power, not who as the truth. One would hope that those in power would be operating on concepts based in reality. But history is replete with examples in which such was not the case. It will be interesting to see what history says about the 114th Congress.
Republicans predicted that deficit spending would lead to rising interest rates. It hasn't.
Boehner urged a slashing of spending. Government that have done that have depressed their economies.
At the state level, Republican governors have slashed taxes on the wealthy to stimulate growth. It hasn't worked.
They predicted that too few would enroll in the ACA for it to work, more people would lose insurance than gain it, and costs would soar. Instead enrollment was strong, many more people have insurance, and costs have moderated.
They are so very wrong about climate change and generations could suffer for that.
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