‘Trickle Down’ Bad, Stimulus Good?

Kevin Williamson at National Review Online makes an interesting point:  Liberals decry what they call “trickle-down economics”, but if they support things like President Obama’s 2009 Stimulus Bill, they’re embracing the same kind of economic theory they claim to think ridiculous.

“Blue Voodoo: The Democrats embrace trickle-down economics”

Excerpt:

Perversely, those advancing trickle-down ideas are mostly the same ideologues who denounce “trickle-down.” But they do not call it trickle-down — they call it “stimulus.”

Peer-reviewed Academic Studies: More Taxes, Less Prosperity

Via International Liberty:  Studies indicate that higher taxes lead to less economic growth.  As Dan Mitchell puts it, the Tax Foundation

reviews the academic research on taxes and growth and doesn’t find a single study supporting the notion that higher tax rates are good for prosperity.

. . .

Twenty-three studies found a negative relationship between taxes and growth, by contrast, while three studies didn’t find any relationship.

For those keeping score at home, that’s a score of 0-23-3 . . . .

Here’s an Idea

Liberals, let’s make a deal:  No conservative will have an opinion on employment, labor markets, or economics until he has experienced being an employee, at least once, and no liberal will have an opinion on such things until he has experienced being an employer.