boddi
On 12/26/05, Charles Brown <cbrown at michiganlegal.org> wrote:
>
>
> "The insiders' theory - what we might call the true
> tax-cut theory - was memorably described by David
> Stockman, Ronald Reagan's budget director, as
> "starving the beast." Proponents of this theory argue
> that conservatives should seek tax cuts not because
> they won't create budget deficits, but because they
> will. Starve-the-beasters believe that budget deficits
> will lead to spending cuts that will eventually
> achieve their true aim: shrinking the government's
> role back to what it was under Calvin Coolidge."
>
>
> ^^^^^
> CB: The Reaganite, ruling class strategy of attack on the working class,
> especially its poorest sections, through cuts to New Deal/Great Society
> Welfare programs because of budget deficits, created through cutting taxes
> on the rich ( The Laff on the working class curve), is Fascist Economics. In
> part, it is the betrayal aspect of the reaction back to "Coolidge" that
> makes it worthy of the name Fascist.
>
> This ruling class _conscious_ strategy is not just to maximize profits
> today, but to do all around social, economic , psychological and physical
> harm to masses of the working class, to weaken them in the class struggle.
>
>
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